Business owners from both the United States and Canada gathered in Vermont to discuss the impact of President Trump’s tariffs on Canadian steel and aluminum. The tariffs, along with Trump’s comments suggesting Canada should become the 51st state, have angered Canadians, leading to boycotts of American goods.
Participants in the roundtable discussion included a variety of industries such as breweries, maple syrup producers, furniture companies, electrical companies, and a ski resort. Many expressed concerns about the disruption caused by the tariffs, with some mentioning the increased costs they have to absorb due to the tariffs.
Senator Peter Welch hosted the meeting and expressed his dismay over the strain put on the historically stable U.S.-Canada relationship. Canada is a crucial trade partner for many U.S. states, including Vermont, where trade with Canada makes up a significant portion of the state’s economy. Welch emphasized that businesses in Vermont cannot afford a 25% hike on imports, as it would ultimately hurt consumers.
Canadian lawmaker Marie-Claude Bibeau urged American participants to pressure Trump to reconsider the tariffs, highlighting the negative impact on both countries’ economies. She emphasized the need for continued collaboration to demonstrate the harmful effects of the tariffs. Business owners on both sides of the border are feeling the effects of the tariffs and are advocating for a resolution to protect their industries and economies.
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