Will Trump’s Tariffs Raise Prices? What To Know As Taxes On Canada And Mexico Imports Expected To Start Saturday
President Donald Trump confirmed Thursday that he’s planning to levy a 25% tariff on imports from Mexico and Canada starting Saturday—with broader import taxes potentially soon following—reflecting his campaign promises to implement high tariffs, against the views of many economists who believe Trump’s plan would burden everyday consumers.
President Trump's plans to implement tariffs on China, Mexico and Canada will take effect on Feb. 1, the White House said.
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