Summary
Americans face price hikes after Trump imposed 25% tariffs on most Canadian and Mexican imports and doubled Chinese tariffs to 20%.
Retailers like Target and Best Buy expect higher costs for produce, electronics, and household goods. Canada retaliated with C$30bn ($20.7bn) in tariffs and may add C$125bn ($86.3bn) more. China plans 15% tariffs on U.S. farm products.
Stock markets fell sharply, with the S&P 500 down 1.9%.
Critics warn of inflation, job losses, and economic instability as the trade war escalates.
I just tilled my gardens for spring and dug up 2 avocado trees squirrels planted. I kept the other 2 I found last year and they’re about 6’ tall now. They grow like weeds here!
Could have been rich in 20 years.
Just found out avacado doesn’t grow well in my area 💔
Might still give it a shot though