Trump REALLY Finna Tax Imports—Get Ready to Pay Up
Aight, y’all, listen up—Trump hittin’ Mexico and Canada with a 25% tax on they goods, startin’ Tuesday. And yeah, that mean prices ‘bout to go way up on everything from food to gas to cars. Some folks in the White House was tryna talk him down to a lower rate, but nah, he goin’ full speed with it. AND he finna throw another 10% on top of the 10% tax on Chinese imports.
Here’s What That Mean for Yo Pockets:
• Groceries ‘bout to be taxed up: A big chunk of our food—meat, veggies, grains—come from Canada and Mexico. If you eatin’, you payin’ more.
• Liquor prices goin’ up: U.S. gets hella alcohol from Mexico, and 18% of the beer we drink come from there. So yeah, them six-packs ‘bout to hurt.
• Gas ain’t safe either: Canada and Mexico supply most of the oil we use. These tariffs could make gas jump 30 to 40 cents per gallon. Fillin’ up the tank gon’ feel like a scam.
• Lumber tax? Yup, that too. Canada is our biggest wood supplier. So if you tryna build somethin’ or buy a house, expect them prices to rise too.
• Cars ‘bout to cost racks: New cars gon’ jump about $3,000 on average. If you want a big SUV or pickup, it’s lookin’ more like an extra $8,000 to $9,000.
The Real Damage
These tariffs basically a tax on us, not just Canada and Mexico. In total, they add up to an extra $120-225 billion in costs. Households could end up payin’ an extra $1,200 a year just tryna live normal. Even the stock market took a hit soon as Trump confirmed it—S&P dropped more than 2% instantly.
What’s Next?
This all kickin’ off at 12:01 AM on Tuesday. Even though some officials was hopin’ Trump might ease up, he doubled down Monday and said it’s locked in. He claim this gon’ help with border security and fentanyl flow, but experts been sayin’ this gon’ hit American pockets the hardest. Trump? He said that’s a damn lie.
Bottom line: Everything ‘bout to get pricier, and ain’t no way around it.