Autos, food: What are the risks from Trump's tariff threat?
Washington (AFP) Nov 26, 2024
Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, analysts said Tuesday, after President-elect Donald Trump threatened to erect new trade barriers. Similarly, further tariff hikes on China could add to consumer prices, as the United States is still reliant on the world's second biggest economy for goods like electronics and batteries. What pro
Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, analysts said Tuesday, after President-elect Donald Trump threatened to erect new trade barriers. Similarly, further tariff hikes on China could add to consumer prices, as the United States is still reliant on the world's second biggest economy for goods like electronics and batteries. What pro