Trump’s tariff threat: Risks to autos, food prices from Canada, Mexico, and China

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Trump’s tariff threat: Risks to autos, food prices from Canada, Mexico, and China - Malay Mail

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WASHINGTON, Nov 28 –– Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, ana...

In 2023, Mexico outpaced China for the first time in two decades to be America’s leading source of imports, government data showed.

Meltzer said he expects Beijing would be willing to address US fentanyl concerns –– Trump’s stated reason for the tariffs –– but might not offer concessions to avoid signalling it would “capitulate every time the US raises tariffs.