Cargo ship at the Port of Los Angeles.
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PRESIDENT Donald Trump’s punishing tariffs have gone into effect as American consumers could soon see increases in products imported from Mexico, Canada, and China.

The steep tariffs on the United States‘ three largest trading partners went into effect at 12:01 am on Tuesday – igniting a trade war that has seen swift retaliation measures from Canada and China.

Cargo ship at the Port of Los Angeles.

A cargo ship waits to leave the Port of Los Angeles in San Pedro, California, in June 2024
Ola Källenius, CEO of Mercedes-Benz, at the company's annual results conference.

President Donald Trump delivers remarks after signing an executive order on reciprocal tariffs in the Oval Office on February 13Credit: Getty

Trump‘s sweeping tariffs will have wide-ranging implications on American businesses and consumers.

US customers may soon encounter price increases on several goods, including, cars, trucks, auto parts, electronics, metal products, toys, footwear, alcohol, meats, household appliances, fruits and vegetables, among other products.

Brian Cornell, the chief executive of Target, said his business relies heavily on Mexican produce during the winter months.

Cornell said Target customers could see rising prices on fruits and vegetables in the coming days due to the 25% tariff on Mexico.

“Those are categories where we’ll try to protect pricing, but the consumer will likely see price increases over the next couple of days,” Cornell warned in an interview with CNBC.

“If there’s a 25% tariff, those prices will go up.”

Canada‘s Prime Minister Justin Trudeau countered the Trump administration’s levies, imposing 25 percent tariffs on American goods.

China announced 15 percent tariffs on imports of chicken, wheat, corn, and cotton from the United States, as well as 10 percent tariffs on imports of sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products.

Meanwhile, Mexican President Claudia Sheinbaum called Trump’s tariffs “offensive, defamatory, and unsubstantiated,” vowing to respond to the United States’ new measures on March 9.

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