Trump's proposed tariffs may raise prices on groceries, cars, and clothing

President-elect Donald Trump plans to impose new tariffs on imports from Mexico, Canada, and China, potentially raising prices on various consumer goods. He announced a 25% tariff on products from Mexico and Canada and a 10% tariff on Chinese imports. These tariffs could significantly impact prices for cars, clothing, toys, and groceries. For example, toy prices could rise by 36% to 56%, while apparel costs might increase by over 20%. Grocery prices are also expected to go up due to higher costs for imported produce. The proposed tariffs could particularly affect California, which relies heavily on trade with Mexico and China. Companies may pass the increased costs onto consumers, leading to higher prices for everyday items.