Will Trump’s Tariffs Raise Prices? What To Know As He Threatens Goods From Canada And Mexico Starting Feb. 1
President Donald Trump said Monday he will impose 25% tariffs on imports from Mexico and Canada starting February 1, and threatened broader import taxes in the future—reflecting his longtime campaign promises of implementing high tariffs, which go against the views of many economists who believe Trump’s plan would burden everyday consumers, even as the president has claimed otherwise.
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