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June 28, 2025
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Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned

Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned

Exclusive: Dozens of congressional Democrats urge president to reconsider threatened import duties on US’s two largest trading partners

Pressing ahead with steep tariffs on Canada and Mexico risks exacerbating the US housing crisis and threatening the broader economy, dozens of congressional Democrats have warned Donald Trump.

The US president, after threatening to hit imports from the US’s two biggest trading partners with a 25% tax, is weighing how to proceed after approving a one-month delay.

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