The plan is still moving forward, but the tariffs may target “critical imports,” the Post reported. Trump’s team is discussing tariffs on industrial metals like steel, iron, aluminum and copper, medical supplies and energy production, per the Post.
about tariffs
Mexican Economy Minister Marcelo Ebrard said in November that a 25% tariff would hit the automotive sector and raise vehicle prices for consumers by thousands of dollars. The industry represents nearly 25% of all North American vehicle production, per Reuters.
Some countries have pushed back. In December, the Canadian province of Ontario threatened to restrict electricity exports to the U.S. Canada retaliated against Trump’s tariffs in his first term by putting billions of new duties against the U.S.
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