After Trump's tariff, six things that may rise in price
Michael Racing

BBC News Business Reporter

Getty Images is a dark brown hair woman, wearing a green jacket and shopping in a building store. She was stretching on a shelves with a box.Getty image

US President Donald Trump levy tariffs on neighbor Canada and Mexico, which triggered a trade war.

Canada has responded, and Mexico also said that he will retaliate. These three countries have in -depth economic and supply chain stores, and it is estimated that it has crossed the border for $ 20 billion (£ 1.6 billion) manufacturing products every day.

Trump said he wanted to protect the American industry, but many economists warned that taxation could lead to rising prices in American consumers.

This is because the fee is paid by domestic companies imported goods. They may choose to pass the fee directly to customers or reduce imported goods, which means that there are fewer available products.

So, what may become more expensive?

car

According to TD economics, the price of cars may rise about $ 3,000.

It was because before the vehicle was assembled, the parts crossed the United States, and Canada and Mexico had bordered many times.

Because higher taxes are used for imported parts to manufacture cars, the cost may be passed to customers.

TD Economics economist Andrew Foran said: "It is enough to say that it will destroy these trends through tariffs ... it will bring a huge price."

He supplemented the "uninterrupted free trade" in the automobile manufacturing department's "existence for decades", which led to the reduction of consumers' prices.

Beer, Tennessee whiskey and agave wine

Getty image Barman pour a bottle of Modelo beer into the glass Getty image

If the US company imported from the United States through increasing import tax, then Mexican beer Modelo and Corona may become more expensive.

However, enterprises may also cost less import costs instead of increasing costs.

Modelo became 2023 The largest beer brand in the United States in 2023 At present, it is still the first place.

This is more complicated when it comes to spirit. Since the 1990s, the industry has no tariffs to a large extent. Industry institutions from the United States, Canada and Mexico issued a joint statement before the announcement of the tariffs, saying they were "very concerned."

They said that some brands (such as Bourbon, whiskey, Tennessee whiskey, agave and Canadian whiskey) "are considered unique products and can only be produced in their designated countries."

Therefore, given that the production of these beverages cannot be simply moved, the supply may be affected, resulting in rising prices. Trade agencies also emphasized that many companies have different spiritual brands in these three countries.

houses

The import of wood in Canada will be hit by the US import tariffs. Trump once said that the United States "more wood is more than us at any time."

However, the National Housing and Architectural Merchants Association urged the president to be "because of the harm of the burden on housing" and exempt building materials from the proposed tariffs.

The industry group is "seriously worried", that is, the tariffs of wood may increase the cost of building houses (mainly wood), and delay the cost of building new houses.

NAHB said: "Consumers eventually pay tariffs in the form of higher house prices."

Maple syrup

Getty image workers measured the viscosity of fresh cooked maple syrup near a sugar shed near LAC BROME, Canada.Getty image

THOMAS Sampson, an associate professor of economics at the School of Economics of London, said that it is related to the Canadian trade war, the "most obvious" family influence is the price of Canadian maple syrup.

Canada's billion -dollar maple syrup industry accounts for 75 % of the global maple syrup production.

Most sweets (about 90 %) were produced in Quebec, and Quebec provided the world's only maple syrup strategic reserve 24 years ago.

"Maple syrup will become more expensive. This is the direct price of the family."

He added: "If I buy goods produced in the United States, but using Canada's commodities, the prices of these products will also rise."

Fuel price

Canada is the largest foreign crude oil supplier in the United States. According to the recent official trade data, 61 % of oil imported from January to November last year came from Canada.

Although 25 % of Canadian goods were photographed to Canadian goods in the United States, the tariff rate faced by its energy was low.

Nowadays, there is no oil in the United States, but the design type of its refinery is to deal with it, which means that it depends on the so-called "heavy" -the thick-thick-thicker-crude oil from Canada and some crude oil from Mexico.

According to US fuel and petrochemical manufacturers, "Many refineries need heavier crude oil to maximize the flexibility of gasoline, diesel and jet fuel production."

This means that if Canada decides to retaliate against US tariffs to reduce crude oil exports, this may lead to rising prices of gasoline pumps.

avocado

Get Timages from Mexico, a grocery store in San Francisco, California, USA.Getty image

A food that American consumers may see are avocado. Avocado almost constitutes Mexico, mainly growing in Mexico 90 % of the US avocado market every year.

However, with the introduction of new tariffs, the US Department of Agriculture warns that the cost of avocado-and popular dishes like avoisite Socale, Giacamole may surge, especially February 9th, February 9th Super bowl.

Other reports from Lucy Achson