The president also suggested he still plans to impose new tariffs on China but did not give any details.
  • millie@beehaw.orgEnglish
    16·
    11 hours ago

    This should read “America to be hit by 25% tarrifs on Canadian and Mexican goods” because that’s how tariffs work.

    He’s literally just threatening to take more money from American consumers. Yeah, that might change who different companies do business with, but we’re eating the ticket cost unless they lower prices by 25%.

  • along_the_road@beehaw.org
    13·
    11 hours ago

    Around 40% of the crude that runs through US oil refineries is imported, and the vast majority of it comes from Canada.

    Does this mean gas prices will go up? Heating bills?