The auto industry is feeling the heat from new tariffs. A major car company is halting work at two of its factories. One is in Canada and the other is in Mexico. This move comes as a direct response to the new 25% tariffs on imported vehicles. These tariffs, which started on a Thursday, affect all cars coming into the U. S. , including those from Canada and Mexico. ...
The recent plan to slap tariffs on Mexico and Canada might end up making your groceries cost more. Picture this: a world where avocados from Mexico and dairy from Canada become pricier at the grocery store. That’s because the US depends on these neighbors for many everyday food items. Let’s break it down. Mexico is the top supplier of fruits and veggies to the US. C...
Imagine you are a consumer at a supermarket and the price of your favorite snacks suddenly skyrockets. You might ask, what is going on? Well, the U. S. is planning to impose a 25% tax on goods from Canada and Mexico, which could drive up prices of many items, from gasoline to avocados. This move, which could start anytime now, has sparked concerns for businesses and ...