Trump's Tariffs Explained: Potential Impact On Pricing For Cars, Electronics And More
hothardware.com
Unless you've been living under a rock for the last couple of weeks, news of President Donald Trump's import tariffs on China, Mexico, and Canada shouldn't come as a surprise. With Trump finally signing executive orders on Saturday under the International Emergency Economic Powers Act (IEEPA), the heavy tariffs (up to 25%) are expected to go into effect tomorrow. It doesn't take a genius to realize that this will have significant repercussions on the costs of goods, ranging from cars, electronics, food, fuel, etc. Nonetheless, let's quickly dig into what the experts have to say about this.
In a claimed bid to hold China, Mexico, and Canada accountable for "halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country" (per a White House fact sheet), President Donald Trump was made to impose the IEEPA on some of its largest trading ...
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