Trumps tariff threats to China could hit Canadian wallets. Heres why – National [Video]

U.S. President Donald Trump’s threats to impose tariffs on imports from China could send shockwaves through global supply chains that experts warn could raise prices on everything from big-ticket household goods to dollar store purchases in Canada.

Since Trump’s re-election in November, Canadian officials have been largely focused on a response to his threats to impose sweeping tariffs of 25 per cent on all goods entering the country from Canada and Mexico.

After entering office earlier this week, Trump updated his deadline for imposing tariffs to Feb. 1.

Experts have warned a slew of goods from orange juice to cosmetics could get more expensive if Canada and the U.S. exchange tit-for-tat tariffs.

But North America isn’t Trump’s only target: the president also threatened to impose 10 per cent tariffs on all goods entering the U.S. from China on the same date. Previously, he’s threatened even loftier tariffs of up to 60 per cent on Chinese imports.

While …