President Trump implemented the 25% tariff on imports from Canada and Mexico, with impacts ranging from the automaker industry to the farming industry.
WOODBURN, Ore. — President Donald Trump has spoken of imposing tariffs on foreign countries for months, and as of Tuesday, a 25% tariff on imports from Canada and Mexico is now in effect. In addition, the tariff on Chinese imports has now doubled to 20%.
Some countries, like Canada, expressed their plan to retaliate, with Canadian Prime Minister Justin Trudeau issuing a statement Monday, stating that if the tariffs were to occur, Canada would respond with a 25% tariff on $155 billions of American goods. China will also soon impose additional tariffs of up to 15% on some U.S. goods, as well.
For those who do business with these countries, they are now bracing for the impact, such as Todd Nelson, the CEO of Bountiful Farms Nursery in Woodburn.
He grows a wide variety …