

New trading rates begin: US President Donald Trump has imposed new taxes on imports from Canada, Mexico and China this Tuesday. The move has increased the rapid response with Canada and Mexico, and China’s planning counter -planning trade tensions. In 2023, US trade with North America was $ 1.8 trillion, while trade with China was $ 643 billion, which clarified the importance of US economic relations with its neighbors. (Picture of Reuters)

Declaration of Economic Emergency: On Saturday, Trump declared an economic emergency and signed a ruling on imposing taxes: 10 % duty on all imports from China, and 25 % duty on people from Mexico and Canada. However, some Canada’s energy imports, such as oil, natural gas and electricity, will be taxed at a lower rate of 10 %. (Bloomberg photo)

Auto Industry Effect: The US auto industry, which relies heavily on cross -border supply chain between the United States, Canada, and Mexico, is expected to increase the price. In 2023, the United States imported $ 69 billion worth of vehicles from Mexico and $ 37 billion from Canada, with Mexico also supplying auto parts and $ 78 billion in Canada. Many car parts, including engines in famous models like Ford’s F -Series truck, several times during the manufacturing process. According to the S&P Global Mobility, prices are expected to increase the car prices by about $ 3,000, with consumers likely to cost additional costs as well. (AP Photo)

Crude oil and gas prices: Canada is the largest foreign oil supplier to the United States, which sent $ 90 billion in 2023, an important source for US refineries. This oil is particularly important because it is similar to the type of crude oil that is designed to implement a lot of US refineries. The implementation of revenue on Canadian oil can increase petrol prices, especially in Midwest. TD Economics predicts that the price has increased by 30 to 70 cents per gallon.

Electronics and Gadget: China plays an important role in the supply of electronics to the United States, including cell phones, computers and other devices. In addition, the United States imported more than $ 32 billion in toys and sports from China in 2023. New taxes are expected to raise the prices of these popular consumers.

Costumes and shoes costs: The United States also imports significant clothing and shoes from China, including only $ 7.9 billion worth of shoes in 2023. As a result, prices are likely to rise for a wide range of revenue and shoes. (Picture of Reuters)

May increase the prices of alcohol: Popular alcoholic beverages, including alcohol from Mexico and Canada, will see the possibility of rising prices due to prices. In 2023, the United States imported $ 4.6 billion worth of takla and 737 million worth of Canada. Canada and Mexico’s retaliation revenue, which, in collaboration with the United States, faces 50 % tariffs on the US Wiskey in the European Union, which can further hurt the industry. (Picture of Reuters)

Food prices under pressure: The United States imports an important part of its meal from Mexico and Canada. In 2023, Mexico provided more than $ 45 billion to agricultural products, including 63 % of vegetables and 47 % fruits and nuts. Canada provides $ 40 billion more to farm products. 25 % tariffs can increase the prices of essential commodities, especially Eocados, which are almost specifically imported from Mexico. (Shutter stock photo)

American farmers concerns: US farmers are concerned about potential retaliation prices on US crops, such as soybeans and corn, which can film the situation during Trump’s first term. During this period, vengeance prices resulted in a significant reduction in exports, which forced the government to spend billions of compensation for farmers. Many farmers, such as the President of the Nebraska Farm Bureau, like Mark McAcarg, will prefer efforts to open foreign markets for US exports, rather than rely on government subsidies to meet the losses. (AP Photo)