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01/28/2025

If Tariffs Go into Effect This Week, Here's What Could Get More Expensive

The proposed tariffs target more than 40 percent of all imports

President Donald Trump has threatened to impose increased tariffs on products from Mexico, Canada and China as soon as Saturday — a move that could significantly increase prices on goods from three of America’s most important trading partners.

Trump has promised tariffs on an array of trading partners, including Europe, Russia, Brazil and India. His threatened tariffs of up to 50 percent on Colombian goods, after Bogotá’s government refused to allow U.S. military aircraft carrying deported migrants land, got the Colombian government to agree to his terms.

Tomatoes, T-shirts, crude oil and cars are among the items that could get more expensive if tariffs pledged by Trump go into effect, according to a Washington Post analysis of international trade data from the Census Bureau.

Please select this link to read the complete article from The Washington Post.

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