Nick Chabarria with AAA said nearly 70% of U.S. crude oil imports come from Canada and Mexico.
The big question on everyone’s mind is, ‘how will this impact me?’
5 On Your Side spoke to local business owners and economists for weeks now, and the uncertainty remains the same for everyone: when and how it hits your wallet is still unknown.
“Like anything else with the economy and the potential tariffs, it’s too early to tell exactly how it will be impacted,” Nick Chabarria, AAA spokesperson said.
That’s the answer from many, as the impact of President Trump’s tariffs continue to be top of mind for Americans.
If Trump sticks to his plan, senior U.S. economist Matthew Martin believes the 25% tariff on Canada and Mexico will hit everyday essentials.
“That is going to be an additional 25% that you are going to need to pay at the pump or …