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Home Market Research Markets

Trump’s Canada Tariffs Could Jack up Your Gas and Grocery Costs

by TheAdviserMagazine
2 months ago
in Markets
Reading Time: 1 min read
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Trump’s Canada Tariffs Could Jack up Your Gas and Grocery Costs
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Americans might soon feel the pinch at gas pumps and grocery stores if President Trump follows through on his threat to impose 35% tariffs on Canadian goods starting Aug. 1. The president announced the steep import tax in a letter to Canadian Prime Minister Mark Carney posted on Truth Social July 10, escalating from the 25% tariffs he’d announced shortly after taking office.



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