On Saturday, President Donald Trump has promised to impose sudden tariffs on Canada, China, and Mexico, the largest trade partners in the United States.
Economist warns that these movements have a negative effect on American companies and consumers, and many of them are still upset by the rapid increase in inflation in recent years.
Here, tariffs on Mexico and Canadian products may attack Americans most intensely.
Car and Automotive parts: The United States has imported a $ 87 billion car equivalent to $ 87 billion and a 64 billion dollar -worth of vehicle parts from Mexico last year, but did not accounting in December. The car was the second largest goods imported from Canada from last year to November, a total of $ 340 billion.
Foods and alcoholic beverages: Mexico and Canada provide considerable share of some important food categories. For example, Mexico is the largest supplier of fruits and vegetables for the United States, and Canada is leading exports of grains, livestock, meat, and chicken.
As a result, there are some strict penalties of American’s favorite reasons, including tequila that can only be made in Mexico and Modelo, the first beer brand in the country.
According to federal trade data, electronic devices, toys, and home appliances: home appliances are one of the top products imported by the United States last year. This includes mobile phones, TVs, laptops, video game consoles, monitors, and all components that enhance them.
China is also a major supplier for home appliances. They are threatened with toys and footwear, especially Trump’s tariffs. According to US footwear sellers and retailers, more than half of the shoes sold in the United States are made in China.
The United States also depends on China for toys and sporting goods, including soccer, soccer balls, and baseball items. The United States has won 75 % of toys and sports goods imported from China.
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