The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so prominently at American Super Bowl parties.

Summary

Donald Trump plans to impose 25% tariffs on imports from Canada and Mexico, potentially raising prices on goods like gas, cars, and food.

The move threatens the USMCA trade deal, which Trump previously negotiated, and could provoke retaliation—Canada and Mexico have vowed countermeasures.

Analysts believe the tariffs aim to pressure both countries on immigration, fentanyl, and trade concessions.

Businesses fear economic disruption, while industry leaders warn of uncertainty.