With tariffs on Canada and Mexico set to take effect, uncertainty looms as President Trump weighs final decisions amid concerns over illegal immigration and fentanyl. Markets and consumers brace for potential price increases,

Trump last month delayed the implementation of the 25% tariff against goods from neighboring countries when Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum rushed to reassure him they would crack down on illegal immigration and fentanyl smuggling.

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,