A trade war between the United States and its biggest trading partners appears to be intensifying, and local markets in the Bay Area are starting to feel the impact.
During his joint address to Congress on Tuesday, President Donald Trump doubled-down on maintaining – and even increasing – tariffs on Canada, Mexico and China. He promised to stick with or raise the current 25% tariffs on all Mexican and Canadian goods, and the current 20% tariffs on Chinese goods.
Local perspective:
Javier Gomez, CEO of the Las Montanas Supermarket with locations in San Pablo and Concord, told KTVU there is a lot of uncertainty about how this is going to affect business.
He said about 40% of the items he carries in his grocery stores are made in Mexico, including condensed milk, candy and hot chocolate. But with the tariffs, the items could become so expensive that he may be forced to …