Reuters is reporting that Donald Trump will be imposing additional 25% tariffs on everything imported by Canada and Mexico beginning in January.
Below is the worth of Canadian products imported to the USA last year. Higher costs will be passed onto the American consumer in 2025 (in short: we all pay more).
$131,000,000,000 worth of fuel, oil, distillation products
$56,000,000,000 worth of vehicles
$32,000,000,000 worth of machinery, reactors, boilers
$14,000,000,000 worth of plastic
$12,000,000,000 worth of pearls, precious stones, metals, coins
$11,000,000,000 worth of wood and articles of wood, wood charcoal
$11,000,000,000 worth of aluminum
$10,000,000,000 worth of electronic equipment
$8,000,000,000 worth of iron and steel
$7,000,000,000 worth of airplanes, spacecraft
$7,000,000,000 worth of paperboard, articles of pulp, paper and board
$6,000,000,000 worth of cereal, flour, starch, milk preparations and products
$6,000,000,000 worth of animal, vegetable fats and oils
$6,000,000,000 worth of iron and steel
$5,800,000,000 worth of furniture, lighting signs, prefabricated buildings
$5,800,000,000 worth of medicine
$5,000,000,000 worth of optical, photo, technical, medical apparatus
$4,500,000,000 worth of fertilizers
$4,100,000,000 worth of meat
$3,600,000,000 worth of inorganic chemicals, precious metal compounds
$3,500,000,000 worth of organic chemicals
$3,500,000,000 worth of copper
$3,400,000,000 worth of chemicals
$3,100,000,000 worth of fish, crustaceans, mollusks, aquatics
$2,900,000,000 worth of fresh vegetables
$2,700,000,000 worth of rubber
$2,600,000,000 worth of fruits and nuts
$2,400,000,000 worth food industry waste, animal fodder
$2,100,000,000 worth of miscellaneous edible preparations
$2,000,000,000 worth of cocoa
$2,000,000,000 worth of live animals
$1,900,000,000 worth of wood pulp
$1,800,000,000 worth of essential oils, perfumes, cosmetics, toiletries
$1,700,000,000 worth of cereals
$1,500,000,000 worth of beverages, spirits, vinegar
$1,500,000,000 worth of salt, sulphur, earth, stone, plaster, lime and cement
$1,400,000,000 worth of nickel
$1,200,000,000 worth of stone, plaster, cement, asbestos, mica or similar materials
$1,200,000,000 worth of zinc
$1,200,000,000 worth of meat, fish and seafood preparations
$1,100,000,000 worth of tanning, dyeing extracts, pigments
$1,100,000,000 worth of milling products, malt, starches, inlin, wheat gluten
$1,000,000,000 worth of soaps, lubricants, waxes, candles, pastes
$1,000,000,000 worth of sugars and sugar confectionery
And this is just the list of Canadian items over one BILLION dollars each per year.
Source: Trading Economics
www.nbcnews.com
