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Everyday items from avocados to beer will become more expensive under major rates proposed by President Donald Trump.
The president has threatened to impose a rate of 25 percent on Canadian goods, with a 10 percent load on oil, natural gas and electricity.
He also signed supervisor orders on Saturday to impose a rate of 25 percent on goods from Mexico and a rate of 10 percent on Chinese goods.
While the Chinese rates are still expected to come into force on 4 February, the rates on Mexico on Monday were delayed by a month.
Trump called a national emergency situation about the stream of Fentanyl and migrants without papers to the US as the reason for the steep rates for the three largest trading partners in America.
But he acknowledged on Sunday that there could be 'some pain' for Americans, but insisted that it would be 'worth the price'.
According to data from the US Census Bureau, more than $ 1.3 trillion of goods were imported from the three countries in 2023.
Although it can be difficult to predict exactly how many items will rise in price, others have to go up thousands of dollars for larger ticket items.
Large stores, including Walmart and Costco, also warned last year that they could increase prices for daily articles for consumers if the rates are implemented.
Everyday items from avocados to beer will become more expensive under major rates proposed by President Donald Trump
Food
Although the rates at Mexico were delayed on Monday, they are still expected to continue in a month, so that the pressure on Americans is already struggling with higher food costs.
According to the USDA, about two-thirds of the US input and half of his fruit and nut import from Mexico.
That includes almost 90 percent of his avocados, no less than 35 percent of his orange juice and 20 percent of his strawberries, Reuters reported.
Avocados from Mexico, a marketing arm of the avocado industry in Mexico, sent 52 to 53 million pounds of avocados to the US in December, said CEO Alvaro Luque.
That demand rises to more than 70 million pounds for the Super Bowl, which will take place this year on 9 February.
A rate of 25 percent can mean that a bag of four avocados could increase by no less than $ 1.
The US also imports more than 1 million cattle from Mexico every year, according to the outlet valve, while Canadian cattle are also sent to the US to become fat and slaughtered.
Rates can affect products ranging from ground beef to steaks, analysts said.
“If it goes through something like threatened, it will certainly push us the prices of our beef considerably,” said Bob Chudy, a consultant for beef importers.
The US also imports large amounts of potatoes and grains from Canada, which would probably also rise in price.
Food margins are so narrow that the most increase in consumers will be passed on warn experts.
Rates would increase the price for those who cancel a glass of Mexican tequila or Canadian whiskey
Drink
Modelo Especial Lager, which has overtaken Bud Light as the best -selling beer in the US, is imported from Mexico by parent company Constellation brands.
If the full costs of the rate are passed on to the consumer, a Sixpack Modelo would rise from around $ 11 to $ 13.75, USA Today reported.
Mexican Tequila and Canadian Whiskey can also rise in price, experts warn.
A bottle of Tequila of 750 millililiters, which is usually priced between $ 25 and $ 50, can, according to the outlet, increase to between $ 31.25 and 62.50.
A bottle of 750 ml Canadian whiskey can increase from $ 40 to $ 50.
Gas
Americans must expect that they will see higher prices at the gas pump if Trump's rates are implemented.
According to estimates from Lipow Oil Associates, a gallon gas could increase by no less than 25 cents.
The national average for a Gallon regular gas on Monday was $ 3,098, according to AAA.
The tank of an average car is 15 gallons, so an increase of 25 cents would mean that Americans would usually have to pay between $ 4 and $ 5 more for a tank gas.
The US imports around 4 million barrels per day Canadian oil, 70 percent of which are processed by refineries in the midwest, Reuters reported.
It also imports more than 450,000 BPD Mexican oil, mainly for refineries that have concentrated around the Gulf coast.
Rates for that input mean higher costs for making finished fuels such as gasoline, a large part of which will probably be passed on to American consumers.
According to Wolfe research analysts, the average costs of a new car can increase by around $ 3,000
Auto
Cars will also become more expensive, because rates disrupt a quarter of a trillion of dollars on the market.
According to Wolfe research analysts, the average costs of a new car can rise by around $ 3,000.
This also puts further pressure on consumers, with vehicle prices that are already at record highs.
The average transaction price for a new vehicle reached $ 49,740 in December, according to Kelley Blue Book.
Under rates this can rise above $ 50,000.
American car manufacturers already lead the losses of Wall Street with General Motors by 5.3 percent, Tesla falls 4.5 percent and Ford fell more than 3 percent as the markets were opened on Monday.
“The automatic sector will close within a week,” Flavio Volpe, president of the Canada Automotive Parts Manufacturers' Association, told Bloomberg.
“With 25 percent, absolutely nobody in our company is profitable with a long shot.”
Shoes
A pair of $ 50 shoes could increase by $ 25 to $ 75, according to data from the US Department of Trade reported today.
That is because 99 percent are imported into the US, with 56 percent from China.
Electronics
According to the International Trade Commission, the US imported $ 146 billion in electronic products from China from China and $ 103 billion from Mexico.
Rates would be a huge blow to American consumers, rising prices for laptop and tablets, videooga consoles, smartphones and TVs, CNBC reported.
For example, a $ 1,000 TV can see a price increase of no less than $ 100.
