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The goods only target the goods in the goods, not only the goods of cars and agricultural products are not only goods. As part of the tariff package on March 5, March 5 10% hit the tariff In addition to all goods imported from Canada and Mexico, 25% tariffs in Canada Energy. Some of them are like 25% of car manufacturers temporarily releasedThe situation continues to change until the day, not the clock. Currently, tariffs for all Mexican products are re-termed until April 2.
Only 1% of US power needs in the paper, but the north-eastern network is mixed with the Canadian energy market. “Some American states can grow rapidly in energy expenditures, others can have a delayed effect in several weeks,” said Javier Palomarez, founder and CEO United States Spanish Business Council.
Ontario Premier Doug Ford is preparing for tax power transmission to the United States, which can increase the expenses in the northeast, where the government’s price is already higher than the national average. The United States is an importer of Canada power that receives 2,700 Gigawatt strength in 2024. New York received the largest capacity in 2024 in 8.76 million megawatts.
It has significant potential to increase energy prices and other expenses for American consumers in some regions, but some effects may not appear immediately. We talked to experts to determine what could happen.
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“American companies may face higher prices for consumers, transport, gas, electronics, lumber, metal, vehicles, products, equipment and agriculture, products, equipment and agriculture, products, equipment and agriculture to pay additional cost of goods.” Said Palomarez.
The countries of the northeast countries and taxable countries can feel a more important impact on transport and goods. The duration of high costs will depend on how companies swallow the costs and the refus of strategies of local production and consumers.
The effects are likely to spread between several main sectors.
The short-term effects are limited to prices
The good news is that according to the two experts, the impact of tariffs on consumers cannot be immediately.
“Markets (manufacturers and consumers) have already adapted to higher prices,” said Jonathan Kolehower, supply chain expert Ust5G, a digital technology company focusing on AI and retail consulting services. “Reality will not be caught in another six months in time for holiday planning.”
This means that consumers can expect increasing prices by the end of the year, remain in force of tariffs.
In particular, the growing costs in the wholesale market with energy prices may not show the salaries of individual consumers for some time.
This backwards on chaos and tariffs are not likely to help keep prices down. Currently, there are some tariffs as carmakers again late. Mutual tariffs are still expected to enter into force on April 2. Manufacturers have already cost this already.
An area where we can immediately affect the prices, Midwest and New England. Analytical in Bloomberg exploration, Europe oil and gas, the Midwest Canadian relying and relied on the new UK, Canada’s Irving Oil Refinery is relied on exports. In addition to the threat of Ontario to reduce electricity to 1.5 million homes in New England, it can be less affected.
China can also target Intel and Holding Company, Calvin Klein and Illumina, in response to tariffs caught by the United States.
Fat
Tariffs can also have a greasy effect. According to Rob Thummel, the main portfolio manager in the Turtle capital, Canada exports about 4 million barrels of oil a day to the United States. Since 2000, the United States has been the largest source of crude oil imports and Canadian crude oil is cheaper than up to $ 20 for a barrel.
“We are about 20% of our natural gas supply in gasoline and Canada, which amounted to 25% of oil, 25% of oil,” Palomerez. “About 2% -5% of long-term effects are expected to increase price, such as existing market stresses. In the last year, the price of natural gas has already increased by 111%.
However, this impact is likely to be disproportionate in certain areas. Midwest is expected to negatively affect. “Canada provides 4 million barrels per day, which represents 60% of US oil imports,” Hares said. “The United States is 100% of the Canadian oil from Canada, and it is likely to change the price among the most exposed areas.”
Other specialists we talked, did not think that the oil did not think that the rest of the economy would be as important as the influence of the economy. “Tariffs, imports and exports themselves may have a modest impact on oil prices, but if tariffs are themselves, inflation can result in a decline, which will reduce oil prices,” he said.
Donald Trump said that all types will increase tariffs and cover solar panels. The higher tariffs will likely lead to higher prices for consumers.
Affecting the recovered
Tariffs can significantly affect the renewable energy. This indicates that the sun can be going more expensive However, it can also affect other areas.
“Trump tariffs can cause a significant damage to the electric vehicle, sun, battery and wind industry,” said Palomarez. “See this way: 75% of the world’s lithium-ion batteries; 40% of Mexico imported steel; and Canadian cleaned nickel are all critical components of America, wind turbines and batteries.”
It also means that along with automatic tariffs, Electric vehicle Admission can be more expensive.
However, Hares does not agree that Chinese tariffs have a significant impact on the renewable energy prices. “China is not a substantial supplier of equipment that is a renewable equipment, because the United States has given to many existing tariffs,” he said. “More than 85% of the Chinese global solar supply chain and 50% of the United States, China’s tariffs (now 70%) have already eliminated the United States for sun demand.”
In fact, US consumers pay higher prices for the sun because of the existing tariffs. Less than 1% of the Solar Imports from China, US companies and US companies and US companies from the United States from Southeast Asia, preferred to import to higher valuable panels than in China.
A container ship is the burden of Asia in the port of Long Beach. A new era of consumer goods brought to China is effective in December 15 if there is no contract for the United States and China.
Affect the economy
“Fast implementation of extreme tariffs will break our economy, hit our small enterprises and families,” said Palmorez. It’s been a long time ago Consensus of economistsWith some credit Smoot-Hawley Tariff Act By reducing global trade and worsen the great depression.
“Tariffs are not excellent for the overall economy,” Delorenzo said. “In this case, the enterprises must measure dozens, more important for profit or market share. Profit, these expenses will transfer these expenses to consumers.
If the United States enters a spiraling tariff war with the nearest trading partners if the United States can worsen matters. “If the United States has already increased the initial stages of kraliator tariffs from Canada with an increase of $ 125 billion, US tariffs promise to remain in the next 21 days,” he said. China, Mexico is off for so far.
According to BrookingsThe United States, Mexico and Canada, when tariffs are left in place, can wait a big shot in their economies. Increasing inflation, reducing economic growth, reducing work loss, salary and contraction in exports between all parties.
