Caleigh Montoya, Staff Writer

Tariffs are a tax on imported and exported goods directly affecting our trade. Tariffs can protect a country’s domestic companies, increase profits, and get the upper hand politically on other countries. Tariffs also make the price of imported goods more expensive, deterring customers from purchasing those goods. In President Trump’s executive order “Fact Sheet: President Donald J. Trump Imposes Tariffs on Imports from Canada, Mexico, and China”, he claims that he will be putting an extra 25% tariff on all products from Canada and Mexico and an extra 10% tariff on Chinese products. According to Trump, this order is meant to “hold Mexico, Canada, and China accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country.”