US tariffs against Canada and Mexico are set to come into effect on Tuesday but their level will be decided by Donald Trump, the US commerce secretary has said.

Read: Here are all the Trump tariffs hitting the economy in the coming weeks That’s likely to have an impact on the U.S., which imported around 6.28 million barrels per day of crude oil in 2022, more than the 3.

Kelley Blue Book says Trump’s tariffs could raise the U.S. price of the average new car – already approaching $49,000 – by $3,000 or more. The price of some full-size pickup trucks could shoot up by $10,