The implementation of Canadian tariffs on over $100 billion of goods from the U.S. reflects retaliatory measures against tariffs imposed by the Trump administration. This escalation also includes anticipated tariffs from Mexico. The latest tariffs have created concerns for California's economy, impacting consumers who may face higher prices on various goods. With the tariffs on Chinese imports doubling and retaliatory measures underway, importers may shift costs to consumers. Experts point out that this situation will likely affect everyday items, raising living costs for California residents in the near future.
"All consumers - California in particular - are going to face higher prices on a lot of goods," explained Cole, an associate professor at Cal Poly in San Luis Obispo.
Canadian Prime Minister Justin Trudeau said tariffs on more than $100 billion of goods from the United States will be rolled out over the next three weeks, various media outlets reported.
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