Trump says Canada and Mexico to be hit with 25% tariffs on Saturday - Motorcycle Fediverse

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Politics@beehaw.org • 23d

Trump says Canada and Mexico to be hit with 25% tariffs on Saturday

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Trump says Canada and Mexico to be hit with 25% tariffs on Saturday

@PhilipTheBucket@ponder.cat to

Politics@beehaw.org • 23d

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@along_the_road@beehaw.org
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Around 40% of the crude that runs through US oil refineries is imported, and the vast majority of it comes from Canada.

Does this mean gas prices will go up? Heating bills?
- @Midnitte@beehaw.org
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  And fruits/veggies, and cars (many parts are imported before final assembly), and even medical devices.
  
  Welcome to the next market downturn.

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