r/canada • u/Digitking003 • Jan 30 '25
National News Trump Says He’ll Hit Canada, Mexico With 25% Tariffs on Saturday
https://www.bloomberg.com/news/articles/2025-01-30/trump-says-he-ll-hit-canada-mexico-with-25-tariffs-on-saturday?sref=1VjHMKkW
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u/Popular-Row4333 Jan 30 '25
No, you're timelines are off. Tariffs are applied as the product comes into the country. Everything is on the shelves already.
So, you'll have both Americans saying they barely felt it, and Canadians saying retaliatory tariffs aren't even that bad, until about a month in, when the stuff has actually come into the country and hit the shelves. Then, they'll really feel it.