I expect the MSM to go berserk for a while.
Get rid of the ethanol mandate and Conservation Reserve Program (paying farmers to keep land fallow) and food prices will drop further.
Mexico is still getting parts from China and that’s a violation of the US/Mexico trade deal.
Good
| Exports | Imports to the USA | |
| USA-Mexico | 13.1% of all American exports head to Mexico that is 42% of Mexico's imports | 15.2% of all USA imports come from Mexico. That is 76% of all Mexican exports |
| USA-Canada | 14.5% of all American exports head to Canada. That accounts for 51% of Canadian imports | 13.6% of all USA imports come from Canada, that accounts for 71.4% of Canadian exports |

Just wait. Tomorrow some grocery store will price some apples 5 cents higher than a week ago.
Here comes the media with stories about negative tariff impacts to the average shopper.
Question: Is Trump using tariffs as a tool for negotiating a better deal with Canada and Mexico or are they an end in themselves?
I don’t drink tequila and loath Canadian whiskey. My maple syrup comes from Minnesota and I can do without guacamole. I might miss the fresh lime in my gimlet , but I’m certain there are sources of limes from places other than Mexico. I also expect these tariffs will be short lived as both the Canadians and Mexicans realize that Trump is serious and isn’t like Biden or the squishy diplomats.