Comments by "Reecom98" (@reecom9884) on "What do President Trump’s tariffs mean for your wallet?" video.

  1. American made products will also increase as companies with long-term contracts with Canada and Mexico will be spreading the increase in consumer price across their product line to prevent sticker shock. The higher costs will also be due to substituting American made parts on such a short notice period.
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  2. The reason only a 10% charge on Canadian oil and electricity is because as soon as it crosses the border the electricity is charged to the consumer electric grid and the oil in the pipeline goes to the refinery; it would become an instant sticker shock if it was 25%. Other Canadian products have been stored in warehouse before they become depleted, and the new supply hits the consumer with the 25% tariff.
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  3. American made products will also increase in consumer price as companies with Chinese made items in their sales line. They will be spreading the increase in consumer price across their entire product line to prevent sticker shock on Chinese made items and supply chain problems affecting their inventory and supply.
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