5 Jan 2025 4:38 pm
I was thinking about the higher gas prices in shippingCannonpointer » Yesterday, 10:20 am » wrote: ↑ Actually, bread isn't made in China.
If U.S. manufacture raises wages enough, 8 bucks won't be a big deal for a loaf of bread.
Considering the bread I eat is Dave's Killer Bread, 8 bucks really won't be that much of a raise in price. I'm paying over 6 now. Cuz Biden.
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https://michiganindependent.com/economy ... l-imports/
NEW YORK (AP) — The U.S. increasingly relies on Canadian crude oil to meet domestic demand and that relationship faces potential strain amid the threat of tariffs from President-elect Donald Trump.More than 50% of crude oil imported to the U.S. comes from Canada, up from 33% in 2013. The increase follows a jump in production from Canada’s western provinces and growing pipeline capacity to its southern neighbor. Another roughly 10% of imports come from Mexico.Trump has threatened blanket tariffs of up to 25% on products from both Canada and Mexico. That has raised concerns about higher energy costs trickling through the entire U.S. economy, making gasoline and other petroleum products more expensive and reigniting inflation.