Trump's SHOCKING New Tariffs: Will Your Grocery Bill EXPLODE?

2025-03-04 22:36:21.939

The United Auto Workers (UAW) union supports President Trump's 25% tariffs on Canadian and Mexican car and parts imports, viewing them as a tool to combat 'anti-worker trade deals'. While the UAW hopes this will bring jobs back to the US, economists warn of significant price increases. The US imported $87 billion in cars and $64 billion in parts from Mexico, and nearly $57 million from Canada in 2022. Experts predict a potential $3,000 increase in the average new car price, with some trucks possibly rising by $10,000. The UAW blames companies for price gouging, not Trump, while economists foresee the auto industry as a major victim of these trade wars. The tariffs are predicted to increase prices of various goods, including groceries.