Donald Trump imposed a 25% tariff on goods imported to the USA from Canada and Mexico. I am hoping to do a small experiment tracking a few goods from each country to see how their prices change as well as a few similar goods in the USA as a baseline to compare to track inflation.
I know that John Deere 6E tractors are imported from Mexico, 1 oz Gold Mexican libertads are also imported from Mexico and 1 oz gold Canadian Maple leaves are imported from Canada. I am interested how the price of these goods changes over the next years.
I am also going to track a few things that are made in the USA.
One will be a John Deere 8R that is manufactured in the USA and also 1 oz Gold buffalos and 1 oz Gold eagles.
Base prices on 2-2-2025
1 oz gold maple
Spot price – $2,803.50 Monument metals price, $2,808.03 SD Bullion price
SD bullion – $2,898.02
Monument Metals – $2,852.68 (Sale price)
1 oz Mexican Libertad
2024 SD bullion – $3,058.03
1 oz American Gold Eagle – random year
SD bullion – $2,878.02
Monument Metals – $2,921.52 (Sale price)
Below is the same data as above but put in a table for quicker reference.
Below are the John Deere tractors that I will be tracking
John Deere 6105E – $89,977.00 (made in Mexico)
John Deere 8R wheel 230 hp – $414,435 (mace in USA)
My hypothesis is that the John Deere 6E made in Mexico might be priced at $125k in 1 year or 2 assuming 25% tariffs.
I expect the John Deere 8R to also increase in price, but perhaps only about $3%-5% over the year due to inflation.
If you have any other products you know are made in USA or Canada that might be interesting to track please let me know.
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