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Trump tariffs | These items will be affected [Video]

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Canadian Economy and Markets

Consumers should be prepared for the likelihood of increased prices across a range of goods and services in the coming months.

ATLANTA — President Donald Trump’s recent imposition of tariffs on imports from Canada, Mexico, and China is poised to affect a wide array of consumer goods, leading to potential price increases for American shoppers. 

The administration has enacted a 25% tariff on products from Mexico and Canada and a 10% tariff on imports from China. However, it is worth noting that Mexico tariffs have paused for one month, according to the Associated Press. Therefore, those won’t take effect for a few more weeks at the earliest.

Economists warn that these tariffs will likely result in higher costs for several everyday items:

Food and Beverages

Imported food products, such as avocados and cherry tomatoes from Mexico, are expected to see immediate price hikes. The beer industry may also be impacted, with popular brands like Modelo potentially becoming more expensive due to …

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