Six things that could be more expensive for Americans under Trump’s rates

The president of the United States, Donald Trump, has imposed a variety of rates, or import taxes, in billions of dollars in goods that reach the United States of some of its main commercial partners.

Tariffs apply to steel and aluminum imported to the United States, as well as other products from Mexico, Canada and China, which caused the countermeasures of the last two countries and the European Union.

Economists have warned that US tariffs, and those introduced in response by other countries could put prices for US consumers.

This is because the tax is paid by the national company that imports goods, which can choose to pass the cost to customers or reduce imports, which means there are fewer products available.

So what could become more expensive?

Some cars are among the products that are given a temporary postponement of Trump of a new import tax of 25% imposed on Canada and Mexico.

When this ends, cars are expected to rise in price, at approximately $ 3,000 (£ 2,300) according to TD Economics.

This is because the pieces cross US, Canadian and Mexican borders several times before assembling a vehicle.

Many brands of known cars, including Audi, BMW, Ford, General Motors and Honda Trade Parts and Vehicles in the three countries.

It is likely that the cost of the highest taxes due to the imported components is transferred to customers.

“It is enough to say that interrupting these trends through the rates … it would come with significant costs,” said Andrew Fortan of TD Economics.

He argued that “uninterrupted free trade” that has “existed for decades” in the car manufacturing sector has dropped prices for consumers.

The popular Mexican and Corona beers could be more expensive for American customers if US companies that import them transmit the increase in import taxes.

However, it is also possible that companies can decide to bring less foreign beer.

Model became the number one beer brand in the United States in 2023, and remains in the first place, for now.

The image is more complicated when it comes to spirits, which have been largely free of tariffs since the 1990s.

The US industry agencies, Canada and Mexico issued a joint statement before the tariffs were announced that they were “deeply concerned.”

They argue that certain brands, such as Bourbon, Tennessee whiskey, Tequila and Canadian whiskey are “recognized as distinctive products and can only occur in their designated countries.”

Then, given the production of these drinks, it cannot be moved, the supplies can be affected, which leads to price increases.

The bodies also stressed that many companies have different spiritual brands in the United States, Canada and Mexico.

The United States imports approximately one third of its soft wood in Canada every year, and that key construction material could be affected by Trump rates.

Trump has said that the United States has “more wood we use.”

However, the National Association of Housing Builders urged the President to exempt construction materials “due to their harmful effect on housing.”

The industry group has “serious concerns” that tariffs on wood could increase the cost of building houses, which are mostly made of wood in the US., And also postpone developers who build new homes.

“Consumers end up paying tariffs in the form of higher housing prices,” said NAHB.

Imports from the rest of the world could also be affected.

On March 1, Trump ordered an investigation into whether the United States should impose additional tariffs on most wood and wood imports, regardless of their country of origin, or create incentives to boost national production.

The results are due to the end of 2025.

The “most obvious” domestic impact of a commercial war with Canada would be on the price of the Canadian Arce syrup, according to Thomas Sampson of the London School of Economics.

The industry of one billion dollars in Canada represents 75% of all the production of the world’s arce syrup.

The majority of the sweet basic element, around 90%, occurs in the province of Quebec, where the only strategic reserve of the world’s Arce syrup was established 24 years ago.

“That Arce syrup will become more expensive. And that is a direct price increase that households will face,” said Sampson.

“If I buy goods that occur in the country in the US, but (which use) the contributions of Canada, the price of these goods will also increase,” he added.

Canada is the largest foreign oil supplier in the United States.

According to the most recent official commercial figures, 61% of imported oil to the United States between January and November 2024 Wine from Canada.

Although the United States has introduced a 25% rate in most of the goods imported in Canada, Canadian energy faces a lower rate of 10%.

The United States has no oil shortage, but its refineries are designed to process the so -called “heavier” or thicker crude oil, which comes mainly from Canada, with some from Mexico.

“Many refineries need heavier crude oil to maximize the flexibility of gasoline, diesel and aircraft fuel production,” according to American fuel manufacturers and petrochemicals.

That means that if Canada decided to reduce crude oil exports in retaliation against US tariffs, fuel prices could increase.

The avocados thrive in the Mexican climate.

Nearly 90% of avocados consumed in the United States come from Mexico.

The United States Department of Agriculture warned that tariffs on Mexican fruits could increase the cost of avocados.

Related dishes such as guacamole could also become more expensive.

Additional Lucy Acheson reports