President Trump’s 25-percent tariffs on good from Mexico and Canada are now in effect. Canada says it will impose retaliatory 25-percent tariffs on a hundred-billion dollars of U.S. goods. Trump also imposed another 10-percent tariff on Chinese imports, in addition to 10 percent tariffs enacted last month. Beijing also responded with retaliatory tariffs on U.S. food and agricultural products. Economists predict American importers will pass along the cost of tariffs to consumers, sending prices higher at the grocery store and car dealerships.
***Courtesy of Total Traffic News***
