What will cost Americans more from sweeping tariffs on Mexico, China and Canada

[Allan]

$3,500 to $12,000 more for a car.

Shoes - 99% of shoes sold in America are imported.

Produce - comes from Mexico in the winter.

Consumer electronics and appliances - mostly imported from China.

And the partial list above doesn't include the impact of retaliatory tariffs.

As the article below notes the additional parts cost to automakers is so high they may pause assembling some models. That would result in some pretty big layoffs.

https://www.cnn.com/2025/03/04/economy/what-cost-more-americans-us-tariffs/index.html

 

[Airyaman]

 

[Liberty One]

This is a legitimate criticism of President Trump. He correctly recognizes that U.S. manufacturing is struggling and has fallen behind. However, because he lacks a deep understanding of economics, he chooses tariffs as his solution. While tariffs may achieve some of his goals, they also come with significant costs—higher prices for consumers, retaliatory measures from other countries, and inefficiencies in the market.

A more effective way to boost manufacturing would be to eliminate corporate taxes, reduce burdensome regulations, and roll back other government interventions that make it harder for industries to thrive in the U.S. These policies would strengthen the economy without the downsides of protectionism.

 

[Kushinator]

$3,500 to $12,000 more for a car.

Shoes - 99% of shoes sold in America are imported.

Produce - comes from Mexico in the winter.

Consumer electronics and appliances - mostly imported from China.

And the partial list above doesn't include the impact of retaliatory tariffs.

As the article below notes the additional parts cost to automakers is so high they may pause assembling some models. That would result in some pretty big layoffs.

https://www.cnn.com/2025/03/04/economy/what-cost-more-americans-us-tariffs/index.html

Aluminum production in the U.S. simply costs more than in other areas of the world, and so we import roughly half of what's used or held in inventory (for a single year or less), mostly due to electricity costs. This is going to have a tremendous impact on U.S. exports, specifically aerospace and electrical generation equipment. It's not just consumer goods that will face a sting....