How U.S. tariffs on Mexico, Canada could impact American consumers

The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch correspondent Kelly O'Grady explains how this could impact prices for Americans.

Topics

How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada

President Trump’s plan to apply 25 percent tariffs on Canadian exports is set to start on Tuesday. They would deal a brutal blow to Canada’s economy.
The New York Times - 7h
How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state

From Maine to Montana to New Mexico, states across the U.S. will face significant economic issues from President Donald Trump's trade war on Mexico and Canada.
CNBC - 5d
How Trump’s Tariffs Could Affect American Companies

Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.
The New York Times - 1d
US hints that tariffs on Mexico and Canada could be lower than 25%

Commerce secretary Howard Lutnick says levies will take effect on Tuesday but Trump is still deciding rates
Financial Times - 1d
U.S. set to unleash tariffs on Canada, Mexico and other countries

Trump officials remain on course to hit Canada and Mexico with 25% tariffs on March 4, with a wave of other levies ready to roll.
CBS News - 2d
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade

Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.
CNBC - 3d
Here’s what the U.S. exports to Canada and Mexico, as those countries threaten retaliatory tariffs

If the Trump administration follows through on its threat to impose new tariffs on imports from Canada and Mexico, America’s neighbors are expected to hit back with their own taxes on U.S. imports. ...
MarketWatch - 4h
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.

Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.
The New York Times - Feb. 21
Trump says tariffs on Canada and Mexico are 'on time, on schedule'

During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.
NBC News - 6d

How U.S. tariffs on Mexico, Canada could impact American consumers

Topics

Related

How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada

How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state

How Trump’s Tariffs Could Affect American Companies

US hints that tariffs on Mexico and Canada could be lower than 25%

U.S. set to unleash tariffs on Canada, Mexico and other countries

Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade

Here’s what the U.S. exports to Canada and Mexico, as those countries threaten retaliatory tariffs

How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.

Trump says tariffs on Canada and Mexico are 'on time, on schedule'

More from CBS News

Mar 3: CBS News 24/7, 1pm ET

Zelenskyy thanks U.S. for support as Europe forges united front against Russia

Flights to D.C. airport receive false collision alerts while landing

Carolina fire maps show where wildfires burn in North and South Carolina

How U.S. foreign policy is changing under Trump after Hegseth's Russia directive

More in Top stories

Mar 3: CBS News 24/7, 1pm ET

Zelenskyy thanks U.S. for support as Europe forges united front against Russia

Flights to D.C. airport receive false collision alerts while landing

WATCH: The costume designer behind 'Wicked' talks history-making win

LIVE: ABC News Live