Americans rely on Mexico for fruits, on Canada for crude oil
On Saturday (local time), Trump unveiled a new tariff plan, imposing a 25 percent tariff on goods from Mexico and Canada and 10 percent on those from China, citing concerns over illegal immigration and drug trafficking as the primary reasons for the move.
As a result, Trump's across-the-board tariffs on all trade with Mexico or Canada risks making U.S. autos much more expensive than foreign imports.
Trump’s move to impose new tariffs has bewildered the United States’ closest allies and trading partners, who have vowed to respond with levies of their own.