[Outgoing Mail]
[Jan 11, 2025 | Postscape #050]
President Trump’s tariffs have slammed the US and Canadian economies, leaving everyday people feeling the squeeze at the grocery store, in the factory, and across the supply chain. The average price of goods in the US rose by about 1.3% due to these tariffs, costing the average household roughly $1,500 a year. These steep costs didn’t just hit consumers—they also jammed up supply chains, slowed down factories, and risked jobs, especially in sectors dependent on cross-border trade.
For Canada, the story is just as tough. In retaliation, Canada slapped a 25% surtax on many American goods, covering everything from agricultural products to industrial materials.
[Sources]
https://www.energypolicy.columbia.edu/
https://www.jpmorgan.com/insights/global-research/current-events/us-tariffs
https://budgetlab.yale.edu/research/state-us-tariffs-october-17-2025
[Share | Subscribe | Follow]
T W I W C 