Friday, January 31, 2025

25% tariffs on Mexico and Canada will increase the price of the average car by $3000

 Also, 

the U.S. imports by country every day:

4 million barrels of oil from Canada

1 million from OPEC

383,000 from Mexico

295,000 Venezuela

216,000 Columbia

So, this will also drive up the cost of Oil especially in the Midwest and East for Gasoline and Diesel as well as other oil products.

The Stock market is also dropping because of the Tariffs being put in Mexico and Canada too.


Presently market dropped .65% today of 293,22 points  today to 44,588.91.

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