Six things that could get more expensive for Americans under Trump tariffs

Donald Trump's tariffs on Canadian and Mexican goods, amounting to a 25% increase on imports, threaten a trade war and higher prices for US consumers. The deeply integrated economies of the three countries mean a daily $2 billion flow of manufactured goods is affected. Economists warn that increased import costs will likely be passed on to consumers, or lead to reduced imports and product scarcity.

**Specific examples of price increases:**

* **Cars:** The complex cross-border supply chains in car manufacturing mean a potential $3,000 price increase per vehicle due to tariffs on imported parts.

* **Beer and Spirits:** Popular Mexican beers like Modelo and Corona could become more expensive. The spirits industry, largely tariff-free since the 1990s, expressed deep concern, highlighting that the unique nature of products like Bourbon, tequila, and Canadian whisky could lead to supply shortages and price hikes.

* **Housing:** The US imports a significant amount of lumber from Canada. Tariffs on this key building material could drastically increase home construction costs, impacting affordability and potentially slowing new home construction. A further threat looms with a March 1st investigation into tariffs on *all* lumber and timber imports, regardless of origin, with findings due by year's end.

* **Maple Syrup:** Given Canada's dominant position in global maple syrup production (75% of the market, with 90% from Quebec), tariffs will likely lead to a direct price increase for consumers. Moreover, US goods using Canadian inputs will also see price increases.

* **Fuel:** Canada is the US's largest foreign oil supplier, providing 61% of its imports. While energy faces a lower 10% tariff, any retaliatory reduction in Canadian oil exports could lead to higher gas prices due to the US reliance on heavier Canadian crude for efficient fuel production.

* **Avocados:** Mexico supplies nearly 90% of the US avocado market. Tariffs could significantly increase avocado prices and the cost of avocado-based dishes.