Mexico avocado. Canadian chelite tomato. Cheap clothes from Chinese scenes and sy. Gasoline with a pump. And even your favorite beer in the United States.
Economists and market analysts have announced that President Trump announced 25 % of products from Mexico and Canada and 10 % of imports on imports from China, and Americans should make up for more daily items. We warn you there.
And these are likely to rise quickly.
Manufacturers have been breeding parts and supplies for months to reduce the impact of Trump's tariffs, but it is difficult to stock up food and the latest electronic devices. In other words, consumers may see the results immediately.
Trump acknowledged that consumers could feel the pain of tariffs -“maybe” -S “all of them have value to stop the flow of illegal drugs and immigrants in the United States and boost domestic production in the United States. There will be. ”
Experts also say that customs duties will be particularly intense in Canada and Mexico. For example, Canadian exports to the United States account for 18 % of Canadian economies, but exports in northern United States are only 1 % of the US GDP.
Here are some categories of products that can see the rise in prices of American consumers.
Not only avocado but food
Shoppers should decorate themselves at a higher price in grocery passages, given that both Mexico and Canada are the largest supplier of fruits, vegetables, grains, livestock, meat, and chicken.
According to the United States Agricultural Bureau, the United States imports more than 80 % of Avocado from Mexico for $ 3.1 billion from Mexico, and the price of Guacamore is expected to be shot by Sunday of Super Bowl.
Canada is also the largest supplier of chelite tomatoes and maple syrups in the United States, and is expected to increase the cost.
A supermarket hit is expected to immediately hit an American wallet. These things are continuously imported.
“You don't stock up avocado,” said a former US trader, William Rainsh, to the AP communication. “I do not stock the cut flowers. You do not stock the bananas.”
Beer and sake
Sake may be advertised as withstanding the recession, but Chris Carry, an analyst of Wells Fargo Equity, may increase the cost of popular beer from Mexico almost 4.5 % as a result of tariffs. I had presumed it before.
It was a big blow for Americans who love Modelo, a best -selling beer in 2023, and overtaken Badrite following the Dylan Marvanny controversy. 。
The latest thing about President Trump's tariffs
The United States also imports a Canadian spirit of about $ 537 million a year.
On the other hand, Mexico and Canada are two of the largest importers of American sake, and their retaliation fees can reach bourbon and wine.
Gas in a pump
The energy industry has been calling for a white house calling for 10 % tariffs on Canadian crude oil because the northern side of the United States has been a top export country to the United States with more than $ 97 billion of $ 97 billion last year. It will be a hit next.
John Laforge of WELLS FARGO Investment Institute has warned that someone will be scratched over oil tariffs.
Despite the fact that the United States is a pure oil exporter, a total of 53 % of the US oil diets come from Canada.
“I'm looking at higher prices in any way,” Laforge told Reuters.
Pavel Molchanov, the analyst of Raymond James Finance giants, warned that Americans began to see the average increase of 10 cents per gallon in a pump. Market watch report。
Dealer trouble
According to the US Department of Commerce, the United States is expected to increase rapidly because the United States imported a car worth $ 87 billion and an additional $ 64 billion last year.
The car is the second largest product category imported by the United States last year from Canada, and the United States had previously reduced business costs by investing in production plants north and south of the border.
Mary Labley, Senior Fellow of Peterson International Economic Research Institute, I told CNN The new tariffs can effectively cancel all the savings enjoyed by the automobile manufacturer and rarely rely on the price of consumer costs, so the sector will smoke.
Electronic devices and home appliances
Regarding Chinese tariffs, consumers may increase the price of electronic devices, appliances and toys.
According to the International Trade Commission, China is the top exporter of all parts that make up smartphone, laptop, television, game console, and all parts that make up them.
According to the Consumer Technology Association, China's business accounts for 78 % of smartphones, 87 % of video game consoles, and 79 % of laptops.
Especially the iPhone looks like a huge hit. Despite the fact that other companies are keeping production from China, More than 95 % of iPhone and other Apple products are still assembled Communist state in 2023.
Mexico is the second largest source of electronic products imported into the United States, and the southern part brings $ 100 billion in 2023, accounting for almost one -fifth of the import of US total electronic equipment.
Toy tax
According to TOY ASSOCIATION Industry Group, the United States also has more than 75 % of toys imported from China.
The group called customs duties “significantly harmful.” This is because we contacted the members of the parliament and urged members to express concerns about the expected blow to the industry.
Jennifer Bergman, the owner of West Side Kids in New York, said that the price of toys would probably increase the price of toys.
“That would be a painful thing.” She told CBS News。 “That will be a true loss for the community, that will be a true loss for me.
Cheap clothes from leggings in China and Lurelemon
Trump abolished so -called “minimal omissions” because of no exemption from tariffs, and shipments of $ 800 or less were not exempted to the United States.
Depending on the hole, inexpensive e -commerce companies such as SHEIN and TEMU were able to ship directly to American consumers and prosper, but by relying on imitation products from China, individuals and small and medium -sized businesses save money. It was also useful for doing.
Shein CEO's Donald Tang refused to say that customs duties would be popular but forced the price of Ultracheap products in the interview with CNBC last week.
And it's not just cheap clothes, Fashion Blogger Antonio Padira Customs duties are estimated to collide with major clothing stores nationwide.
“For example, brand -based brands, such as Aritzia and Lululemon, can increase items by 25 % when new tariffs are implemented,” Padilla told AP.
And 99 % of all shoes sold in the United States are also imported, and more than half are from China, according to American footwear sellers and retailers who represent Nike and other shoe brands.
Handing on construction
According to the Steel Research Institute in the United States, the construction industry is also expected to be hit by tariffs because almost one -quarter of US steel comes from Canada, and 12 % come from Mexico.
The industry warns that logging of Canadian wood, which accounts for 30 % of the United States, could worsen the affordable price crisis in the ongoing houses.
According to the National Housing Construction Company Association, the worsening of these worries is that dry walls, lime, and plaster components come from Mexico.
The next thing
American farms can strengthen and soften the hitting of tariffs in grocery stores, but economists are expected to increase prices so that domestic producers will match foreign imports. Masu. 。
The price may rise further after Canada and Mexico have developed their own tariff wars in the United States in response to Trump.
Canada has announced that it will collect 25 % of US products worth $ 155 billion, including beer, wine, bourbon, fruits and fruit juice, vegetables, perfumes, clothing, and shoes.
Canadian Prime Minister Canadian Prime Minister Trump has not yet responded to his call for tariffs, and the president has not responded to the Mexican counter part Claudia Symbaum Paldo.
During his first term of his appointment, China retalted on tariffs by raising its own imports on soybeans and pork.
Lee Wicker, Deputy Director of the North Carolina Producer Association, said that Trump would want to provide a safety net again if Canada and Mexico retaliation.
“”[We] Believe in him that he will take care of a damaged person, and that's all we can really seek, “he told AP.
With post wire
