A 25% tariff on Canadian and Mexican imports and a 10% tariff on Chinese goods could take effect as soon as today. With these three countries making up 42% of U.S. imports, the impact will be massive—expect rising costs on cars, electronics, medicine, fuel, and food.
If these tariffs go through, American consumers and businesses will bear the cost, while potential counter-tariffs from Canada could hit U.S. exports hard. Supply chains are at a turning point, and businesses need to be prepared for rapid changes.
At Bridging the Global Economy, we help companies navigate uncertainty with practical strategies. Now is the time to assess risks and explore alternatives.