10 cheap cars to buy now, according to Consumer Reports
Several models on CR’s list are expected to be affected by impending tariffs
Tariffs were one of President Donald Trump’s biggest campaign promises, and they have become a reality, albeit with a few caveats.
Among the 50+ executive orders Trump signed within his first three weeks in office was one implementing an additional 25% tariff on imports from Canada and Mexico (with a lower 10% charge on Canadian energy resources) and a 10% charge on imports from China. A statement from The White House explained that these tariffs are “a powerful proven source of leverage for protecting the national interest,” aimed at addressing “the extraordinary threat of illegal aliens and drugs.”
One day before the tariffs were to take effect, however, Trump halted the charges against Mexico and Canada for one month. This was due to a “friendly conversation” he had with Claudia Sheinbaum, the president of Mexico, and a “good call” with Justin Trudeau, the prime minister of Canada, who promised to step up their efforts at patrolling their borders.
