The North American Trade War Begins

The North American Trade War Begins

After Trump's tariffs on Mexico, Canada, and China, you’re going to see the effect in store prices quite soon.

The Trade War Begins with Canada, China, and Mexico - The National Law Forum

On February 1, 2025, President Trump declared a national emergency based upon the threat posed by undocumented foreign workers and drugs entering the United States. The White House has published a fact sheet outlining steps to address the threat by implementing (i) a 25% additional tariff on imports from Canada and Mexico, (ii) a 10% additional tariff on imports from China, and (iii) a carveout for a lower 10% tariff for energy resources from Ca…