Trump to Impose 25% Tariffs on Mexico and Canada Starting February

Starting February 1st, 2025, President Trump announced a 25% tariff on goods from Mexico and Canada, potentially raising consumer prices in sectors like automobiles, oil, and agriculture. The move, which impacts America's top trade partners, has sparked concerns about higher gas prices, especially in the Midwest and Great Lakes regions. Critics warn that the tariffs could drive inflation and slow economic growth, while retailers brace for price increases