President Donald Trump’s order to put tariffs on U.S. neighbors Canada and Mexico, and their retaliatory tariffs, come at a time when the business between North American nations exceeds the $643 billion in commerce with China, with the North American total at $1.8 trillion in 2023.

These imported goods’ prices may be hit first:

Auto production

For decades, auto companies have built supply chains that cross the borders of the United States, Mexico and Canada. More than one in five of the cars and light trucks sold in the United States were built in Canada or Mexico, according to S&P Global Mobility. In 2023, the United States imported $69 billion worth of cars and light trucks from Mexico — more than any other country — and $37 billion from Canada. Another $78 billion in auto parts came from Mexico and $20 billion from Canada. The engines in Ford F-series pickups and the iconic Mustang sports coupe, for instance, come from Canada.

China is also a major supplier of auto parts to the U.S.

Gas in the Midwest

Canada is by far America’s biggest foreign supplier of crude oil. From January through November last year, Canada shipped the U.S. $90 billion worth of crude, well ahead of No. 2 Mexico at $11 billion.

For many U.S. refineries, there’s not much choice. Canada produces the “type of crude oil that American refineries are geared to process,” Lincicome said. “It’s a heavier crude. All the fracking and all the oil and gas we make here in the United States — or most of it — is a lighter crude that a lot of American refineries don’t process, particularly in the Midwest.”

TD Economics figures that Trump’s tariffs could push up U.S. gasoline prices by 30 cents to 70 cents a gallon.

Computers, toys

Tariffs on China could impact a wide variety of consumer goods that Americans depend on. Cell phones, computers and other electronic devices were among the top imports from China last year, according to Commerce Department data.

The U.S. also imported more than $32 billion in “toys, games and sporting goods” from China last year, data shows.

And Americans import billions of dollars a year in clothing from China. That includes more than $7.9 billion in footwear last year, according to Commerce Department data.

Tequila, produce

Tariffs could raise the price for those raising a glass of tequila or Canadian whisky.

In 2023, the U.S. imported $4.6 billion worth of tequila and $108 million worth of mezcal from Mexico, according to the Distilled Spirits Council of the United States, a trade group. The U.S. imported $537 million worth of Canadian spirits, including $202.5 million worth of whisky.

In 2023, the U.S. bought more than $45 billion in agricultural products from Mexico — including 63% of imported vegetables and 47% of fruits and nuts. Farm imports from Canada came to $40 billion.

U.S. farmers are nervous, too, that Canada and Mexico will retaliate by slapping tariffs on American products such as soybeans and corn. That’s what happened in the first Trump administration.