What tariffs on Canada, Mexico and China could mean for consumers

Last updated: March 4, 2025 5:51 am

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What tariffs on Canada, Mexico and China could mean for consumers – CBS News

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President Trump’s plan to impose 25% tariffs on nearly all goods imported from Canada and Mexico is set to take effect Tuesday. The president also plans to impose an additional 10% tariff on Chinese imports. CBS News MoneyWatch correspondent Kelly O’Grady has the details.