General Question

Tropical_Willie's avatar

USA Jellies how soon will the tariffs from Trump impact you and your family?

Asked by Tropical_Willie (31555points) 2 hours ago

Trump signed documents to place tariffs of 25 % (taxes on Mexican and Canadian goods), what items will be hit for your household? Avocado and other fruits for us. Maybe gasoline and heating costs.

https://apnews.com/article/trump-tariffs-canada-mexico-oil-afb915762af6994573353135bcd30a1b

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2 Answers

Pandora's avatar

Right away. Gas prices will climb and so transportation cost will also climb. That and that fact that import taxes will have to be paid as they enter ports, would mean the prices will be adjusted to take on the tax burden.
Who I feel sorry for is those barely able to buy groceries. Trump is freezing so many things that people on assistance may have to start stealing food. Its already happening. People who barely made end meet didn’t have to pay federal taxes or paid very little. Now they will pay a 25 percent tax on just about everything they need. Trump will say, no food isn’t being taxed but it will be. It will just be added to the price.

chyna's avatar

It will immediately affect the elderly that live on fixed incomes and the poor.
Billionaires do not care, nor do they notice the price of eggs, milk, gas, electricity or anything else.
Maybe when they kill all of us elderly and poor off, they will start eating their own kind.

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