America News Agency

The Trump administration stated that the tariffs aim to prevent drugs and undocumented immigrants from entering the U.S., but they also pose the risk of significant price increases for American consumers on a range of common products, from avocados and sneakers to cars.

These tariffs and the expected retaliatory measures risk sparking a trade war that could severely damage both the targeted countries’ economies and the U.S. economy. Trump's executive action includes a provision allowing the President to expand tariffs if another country imposes new tariffs on the U.S.

This new policy represents a reversal of nearly tariff-free trade between the three North American countries and expands the escalating trade war between the U.S. and China over the past two administrations.

As Trump has repeatedly promised in recent months, the tariffs will mean a 25% tax on all products imported from Mexico and most from Canada, as well as a 10% tariff on Chinese goods entering the U.S.