These products will increase in price in the US due to the 25% tariffs on imports from Mexico and Canada


The president donald trump announced that it will impose a 25% tariff on products imported from Mexico and Canada starting on February 1a measure that will affect key industries such as automotive, oil and food, increasing costs for American consumers. The measure has generated concern among economists and trade experts, who warn that it could lead to an increase in prices and trade retaliation of North America.
Mexico and Canada are two of the United States’ main trading partners. According to Newsweek, In the first eleven months of 2024, the United States imported $377.2 billion in Canadian assets and $466.6 billion from Mexico. Both countries, along with China, represent the largest sources of American imports.
The new tariffs would affect fundamental sectors for the United States economy, since Mexico and Canada are key suppliers of cars, auto parts, oil, food and alcoholic beverages. According to The New York Timestariffs could destabilize trade integration in North America, which has been decades in the making, and cause a domino effect in supply chains and employment.

Experts agree that Trump’s measure will directly impact the price of essential products. According to media such as CNN, Newsweek and The New York Times, The most affected sectors include:
Automobiles and auto parts
- Mexico and Canada are the main suppliers of cars and automotive components to the US.
- In 2023, the US imported $87 billion in vehicles and $64,000 million in auto parts from Mexico, in addition to $34 billion worth of Canadian cars (cnn).
- Companies like General Motors, Ford and Stellantis They depend on these imports to reduce production costs.
- An analysis of Wells Fargocited by Newsweekestimates that prices of cars assembled in the US could increase by $2,100 dollars per unit.
Gasoline and oil
- Canada is the largest supplier of oil to the US, with exports of $97 billion in 2023.
- The expansion of Trans Mountain Pipeline has allowed more Canadian oil to reach the West Coast and the American Midwest, according to reports from CNN.
- GasBuddy estimates that the price of gasoline could rise between $0.25 and $0.75 per gallonespecially affecting consumers in the Great Lakes, the Midwest and the Rocky Mountains.
Food and alcoholic beverages
- Mexico is the largest exporter of fresh fruits and vegetables to the US, with sales of $9 billion in 2023.
- Avocados: Mexico supplies 90% of avocados consumed in the US, with exports valued at $3.1 billion.
- Beer and spirits: Mexico exported $5.9 billion in beer and $5 billion in distilled spirits to the US in 2023.
- Constellation Brandsowner of Model and Crownyou would see an increase in 16% in costswhich could translate into an increase in 4.5% in consumer pricesaccording to an analysis of Wells Fargo cited by Newsweek.

President Donald Trump’s announcement has generated various reactions:
- Industry and economists: cnn points out that businessmen in the automotive sector have expressed their dissatisfaction with the additional costs. According to The New York Timeseconomists warn that tariffs will lead to job losses and an increase in the cost of living.
- Possible retaliation from Mexico and Canada: The New York Times warns that both countries could respond with reciprocal tariffsfurther affecting regional trade. In the previous administration of donald trumpboth countries managed to avoid severe tariffs, betting that the US also depends on their exports.
- Wall Street and financial markets: Newsweek informs that the actions of Constellation Brands have fallen a 20% in 2024due to uncertainty over tariffs. For its part, Jamie Dimon, CEO of JPMorgandeclared at the Davos Economic Forum that the inflationary impact would be secondary to “national security.”
donald trump He had threatened to impose tariffs in the past, but avoided drastic measures in his first term. According to The New York Timesanalysts are divided on whether this measure is a pressure method to obtain concessions from Mexico and Canada or whether it will actually be implemented without modifications. Despite criticism and warnings, the US president has reaffirmed that 25% tariffs will take effect on February 1.