According to a February report from Insurify, the cost of full-coverage car insurance in the U.S. could increase by 8% on average this year if Trump persists on 25% import tariffs on car parts made in Mexico and Canada.

Canada and Mexico wouldn’t immediately be subject to the new tariff regime, senior administration officials told reporters Wednesday, but instead would still be subject to the tariffs Trump previously imposed,

As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.

The price tag for Apple’s iPhones may increase by more than 40% after President Donald Trump announced sweeping reciprocal tariffs on U.S. trade partners, analysts said Thursday, as Trump’s trade policies will likely increase prices across several imported goods, including new cars, coffee, chocolate and other products.

President Donald Trump announced new tariffs, imposing a 10% baseline tax on most imports, with increased rates for nations with trade surpluses. Notable exceptions include Canada and Mexico due to existing agreements.

The Donald Trump administration announced on Wednesday that Canada and Mexico will be exempt from the baseline 10 per cent tariff rate, as well as reciprocal levies for specific countries, for now. The 10 per cent tariff will only take effect when the original 25 per cent duties Trump imposed on Canadian and Mexican imports are either terminated or suspended.

President Donald Trump’s 10% tariff on all countries is here. But much bigger tariffs are yet to come. As of 12:01 a.m. Eastern time today, a 10% levy on imported products from all other countries globally went into effect — with a few exemptions.

However, despite frequent mentions of Canada and Mexico in his rhetoric, neither country was included in the latest round of tariffs. "Our country has been looted, pillaged, raped, plundered" by other nations,

After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import duties that are the steepest seen in nearly a century and that affect all of the country's trade partners.