US Trump Tariffs Impact: America’s tariff will cry blood tears, from vegetables to beer, expensive will be expensive, these things will increase prices

Agency:News18hi

Last Updated:February 02, 2025, 11:29 IST

Donald Trump Tariffs: Donald Trump fulfilled his election promises by putting tariffs on Canada, Mexico and China. 25 percent on Mexican goods, 25 percent on most of Canada and 10 percent on energy products …Read more

Donald Trump put tariffs on Canada, Mexico and China. (AP)

Washington: Donald Trump has finally put a tariff against Canada, China and Mexico, fulfilling his election promises. Trump says that this step has been taken to prevent drugs and illegal immigrants from coming to the US. The US borders along with Canada and Mexico, through which illegal migrants reach the US. This tariff will be effective from Tuesday. All the items of Mexico will be taxed at 25 percent. Most of the goods in Canada will be taxed at 25 percent, but it will be only 10 percent on energy resources like crude oil. Additional tax of 10 percent has been imposed on China’s goods.

US economists have warned that these steps will negatively impact American businesses and consumers. Let’s know which things in America will now touch the sky. According to CNN report, Finance and Economics Professor Sung Won Sohan at Loyola Marimount University said, “The situation of consumers is going to be worse.” He said, ‘When it comes to tariff, it is an economic war and someone loses in the war.’ Three countries which have tariffs are imported from one third of America. These countries include vegetables, meat, gas, automobile, electronics, toys, clothes, wood and alcohol.

These things will be expensive in America

• Food ingredient: Mexico and Canada supply foods such as fruits, vegetables, grains, meat and poultry to the US. According to USDA data last year, the US imported $ 46 billion agricultural products from Mexico. This includes fresh vegetables of $ 8.3 billion, beer of $ 5.9 billion and distilled Spirit of $ 5 billion. Fresh dollars of $ 9 billion are imported. It has a share of $ 3.1 billion. Trump’s tariff can increase food prices.
• fuel: America imports the most fuel from Canada. Every year, $ 97 billion oil and gas comes from Canada to America. This is the reason that Trump has imposed a tariff of only 10 percent on energy products. Due to this gasoline prices will be affected.
• Car and Auto Parts: Mexico imports US $ 87 billion motor vehicles and parts worth $ 64 billion to the US. Canada also imports vehicles worth $ 34 billion to the US. Peterson Institute for International Economics senior Fellow Mary Lovely said that the auto sector is worried about the new tariff. American car companies have been able to keep their costs low by hiring low -pay workers in Mexico. It is possible that now these companies shift their production to another country. Trump’s tariff is going to increase car prices in America.
• Steel: America consumes millions of tonnes of steel every year. Canada and Mexico are the largest steel exporters to the US. In 2018, Trump imposed a tax of 25 percent.
• Beer and Wine: Beer and alcohol are things that are not going to decrease. The US imports beer worth $ 5.69 billion and liquor worth $ 4.81 billion from Mexico. In the US, the increase in the prices of Tequila and other liquor can be seen. The price of brands like Corona Beer imported from Mexico may increase in the US.
• Construction materials and furniture: Most houses in America are made of wood. 30 percent of the wood -related wood comes from Canada. Apart from this, other raw materials also come from Mexico and Canada. Due to this, the cost of building a house in America can increase.
• Toys and electronic goods: Electronics are the highest among goods imported from China last year. It has cellphones, TVs, laptops, video games console, monitor and other items. Household goods are also imported from China, including toys and shoes and slippers. According to the footwear distributors and retailers of America, 99 percent of the country’s shoes are imported. 56 percent of the shoes sold in America come from China. Most of the sports items also come from China. All these things will be expensive by Trump’s tariff.