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The tariff on Canadian energy products is only 10%, not the 25% tariff announced on other Canadian exports. That’ll limit the impact on gasoline prices, said Tom Kloza, global head of energy ...
So what could get more expensive if Trump's tariffs do eventually go ahead? Cars. Cars would probably go up in price - by about $3,000 according to TD Economics.
In addition to the new 10% tariff, Chinese goods are subject to additional tariffs: a 100% tariff on electric vehicles and 25% tariff on steel and aluminum products. But several items had been ...
The previous set of tariffs on aluminum cost the U.S. beverage industry $1.7 billion between 2018 and ... "You would certainly expect to see those goods get a little bit more expensive," Miller said.
After Trump imposed tariffs on steel and aluminium during his first term, carmakers including Ford and General Motors warned the measures would add about $1bn to each of their costs.
The cost of a big SUV would go up even more because it has so many different electronic components, he says, estimating that a $50,000 U.S. made car could see its prices increase by $5,000 because ...
That has helped deliver more oil to be refined to much of the West Coast in addition to the Midwest. When Trump initially floated the 25% tariffs in November, Patrick De Haan, head of petroleum ...
Here is a look at what goods could be more expensive to buy after the tariffs go into effect: ... More: Tariffs, inflation, and retailers: How Trump's potential tariffs could hit your wallet.