US Slaps 50% Tariffs on $20 Billion of Canadian Goods as Canada Readies Sept. 8 Retaliation
Updated
Updated · WMUR Manchester · Aug 23
US Slaps 50% Tariffs on $20 Billion of Canadian Goods as Canada Readies Sept. 8 Retaliation
3 articles · Updated · WMUR Manchester · Aug 23
Summary
New Hampshire businesses say the new U.S. tariffs are already lifting import costs and cutting cross-border customer traffic, with effects showing up soon after the measures took hold.
Able Ebenezer Brewing said can prices have started fluctuating, forcing it to absorb higher costs, though malted barley—about 80% of North American supply comes from Canada—was exempt.
Manchester Craft Market said Canadian-native foot traffic has fallen 15% to 20% since the tariffs first began, raising worries about damage to business ties between Canada and the Granite State.
Canada has announced retaliatory tariffs on U.S. goods starting Sept. 8, extending a trade dispute that local businesses fear will further strain prices and demand.