Trump’s import tariffs to take effect

U.S. President Donald Trump said that Americans could feel
“some pain” from the emerging trade war triggered by his tariffs
against Canada, Mexico and China


WHICH U.S. IMPORTS COULD BE MOST AFFECTED?
Top five U.S. import products by origin country, 2023 ($ billions)

Canada 	Mexico 	China 	Rest of world
Cars 			35 45 128
Crude petroleum 	97 20 55
Phones 			55 52
Computers 		28 40 36
Motor vehicle parts	35 31

Note: Products are classified using HS4 designation


Economists say President Trump’s plan to impose
25% tariffs on Canada and Mexico and 10% tariffs
on China will slow global growth and drive prices
higher for U.S. consumers*

*Energy imports from Canada will face 10% tariff


U.S. TRADE IN GOODS, 2023
Canada, Mexico
and China are three
biggest trading partners
of the U.S.

Canada
Mexico
China
Rest of world


$1.82 trillion	$3.36 trillion
$1 trillion	$2 trillion
$148bn		$448bn
$323bn		$480bn
$353bn		$430bn
Exports		Imports


Sources: AP, Council on Foreign Relations, Reuters 
Picture: Getty Images 
© GRAPHIC NEWS