Six things that could get more expensive for Americans under Trump's rates

US President Donald Trump has imposed a number of tariffs – or import taxes – on billions of dollars coming to the United States from some of his best trading partners.

Tariffs are applied to steel and aluminum imported into the United States, as well as for some other products from Mexico, Canada and China – encourage counter measurements from the last two countries and the European Union.

Economists have warned US tariffs – and those introduced in response from other countries – can reach prices for US consumers.

This is because the tax is paid by a local company that imports goods that can choose to transfer customer costs or reduce imports, which means that there are fewer products available.

So which things can be more expensive?

Some cars are among the products temporarily canceled by Trump from a new 25% import tax imposed on Canada and Mexico.

When this is done, cars are expected to rise in price – by about $ 3,000 (2300 pounds) according to TD Economics.

This is because parts cross the borders of the US, Canadian and Mexican borders repeatedly before assembling a vehicle.

Many well -known car brands, including Audi, BMW, Ford, General Motors and Honda Trade parts and vehicles in three countries.

The price of higher taxes due to imported components will probably be handed over to customers.

“It is enough to say that breaking these trends through tariffs … it will come with significant costs,” said Andrew Foran of TD Economics.

He claims that the “continuous free trade”, which “has existed for decades” in the car preparation sector, has reduced consumer prices.

Popular Mexican beers Modelo and Corona could become more expensive for US clients if the US companies that import them transfer increased taxes on imports.

It is also possible for companies to decide to bring a smaller foreign beer.

Modelo became a number one beer brand in the United States in 2023 and has remained in the first place for now.

The picture is more complicated when it comes to spirits, which are largely without tariffs from the 90s.

The US, Canada and Mexico industrial authorities issued a joint statement before the tariff announced, saying they were “deeply concerned”.

They claim that certain brands, such as bourbon, whiskey in Tennessee, Tequila and Canadian whiskey, are “recognized for distinctive products and can only be manufactured in their certain countries.”

So, given the production of these drinks, it cannot simply be moved, deliveries can be influenced, leading to an increase in prices.

The bodies also stressed that many companies have different Spirit brands in the US, Canada and Mexico.

The United States is importing about one -third of its soft wood wood from Canada every year, and this key building material can be affected by Trump's tariffs.

Trump said the United States has “bigger timber than we ever use.”

However, the National Association of Housing Builders called on the president to release the building materials “because of its harmful effect on the accessibility of housing.”

The industrial group has “serious concerns” that timber rates can increase the cost of building homes – which are most made of wood in the US – and also delay developers building new homes.

“Consumers eventually pay for the rates in the form of higher home prices,” Nahb said.

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

On March 1, Trump ordered an investigation whether the US should put additional tariffs for most timber imports and timber, regardless of their country of origin, or create incentives to increase domestic production.

The findings are to come by the end of 2025.

The “most clear” impact of the Kanad trade war host would be on the price of Canadian maple syrup, according to Thomas Sampson of the London School of Economics.

The industry per billion dollars in Canada represents 75% of the world's total maple syrup production.

The bigger part of the sweet staple – about 90% – is produced in the province of Quebec, where the only strategic reserve in the world of maple syrup was created.

“This maple syrup will become more expensive. And this is a direct increase in the price that households will encounter,” said G -n Sapson.

“If I buy goods that are manufactured internally in the United States but (which use) entrance from Canada, the price of these goods will also rise,” he added.

Canada is the largest foreign provider of raw oil in America.

According to the latest official commercial data, 61% of oil imported into the United States between January and November 2024 comes from Canada.

While the United States has introduced a 25% tariff for most goods imported from Canada, Canadian energy faces a lower speed of 10%.

The United States has no oil shortage, but its refineries are intended to process the so -called “larger” -or more raw oil, which comes from Canada, with some of Mexico.

“Many refineries need a higher raw oil to maximize the flexibility of gasoline, diesel and reactive fuel production,” according to US manufacturers of fuel and petrochemical.

This means that if Canada decides to reduce raw oil exports when revenge on US tariffs, it can increase fuel prices.

Avocados are thriving in the Mexican climate.

Almost 90% of Avocado consumed in the US come from MexicoS

The US Agriculture Division has warned that the rates for Mexican fruits and vegetables can increase the price of avocado.

Related dishes such as guacamole can also become more expensive.

Additional reporting from Lucy Acheson