How the 25% tariffs on Canada and Mexico will impact Americans

Name: How the 25% tariffs on Canada and Mexico will impact Americans
Uploaded: 2025-02-02T10:59:00-0600
Duration: 2 min 43 s
Description: President Trump has sparked a potential trade war between the U.S. and it's two closest economic allies — Mexico and Canada — after announcing 25% tariffs on most goods from those two countries. The president also announced a 10 percent tariff on Chinese goods. As CBS' Cristian Benavides reports, the move is likely to raise the price of some goods for Americans.

President Trump has sparked a potential trade war between the U.S. and it's two closest economic allies — Mexico and Canada — after announcing 25% tariffs on most goods from those two countries. The president also announced a 10 percent tariff on Chinese goods. As CBS' Cristian Benavides reports, the move is likely to raise the price of some goods for Americans.