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Autos, electronics: What will Trumps tariffs impact? [Video]

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Canadian National News

US President Donald Trump’s sweeping tariffs on Canada and Mexico are set to roil supply chains for products ranging from automobiles to avocados — with industries girding for cost increases.

US imports from both countries covered nearly $900 billion in goods as of 2023, and supply lines between the three North American neighbors — who share a trade agreement — are deeply integrated. Fresh tariffs would pose complications for businesses with a footprint across one or more countries.

Analysts expect Trump’s 25 percent across-the-board tariffs on Canada and Mexico would hit the automobile and electronics sectors hard.

While Canadian energy exports have a lower 10 percent rate, this still marks an uptick as Washington previously did not impose tariffs on Canadian oil imports.

Mexico and Canada also account for significant US agriculture imports, meaning the duties could add to prices of popular foods like avocados and tomatoes.

– Canada: energy, autos –

Nearly 80 percent …

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