Trump's Canadian tariffs are having a chilling effect on Vermont's small business owners

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Trump's Canadian tariffs are having a chilling effect on Vermont's small business owners

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Trump's Canadian tariffs are having a chilling effect on Vermont's small business owners

//business-finance.news-articles.net/content/202 .. g-effect-on-vermont-s-small-business-owners.html

Published in Business and Finance on Saturday, March 15th 2025 at 10:21 GMT by CNBC
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.

2025-03-15 248 x 130 / 9348 Bytes

The article from MSN discusses the adverse effects of former President Donald Trump's tariffs on Canadian goods, which are significantly impacting small businesses in Vermont. These tariffs, initially imposed in 2018, targeted Canadian steel and aluminum, leading to retaliatory measures from Canada. This trade dispute has resulted in increased costs for Vermont businesses that rely on Canadian products, particularly affecting sectors like dairy, maple syrup, and furniture. Small business owners in Vermont are experiencing a "chilling effect" as they face higher prices for materials, reduced consumer demand due to increased costs, and logistical challenges. The ongoing trade tensions have not only strained cross-border relationships but also threaten the economic stability of these small enterprises, with some owners expressing frustration over the lack of resolution and the potential long-term damage to their operations.

Read the Full CNBC Article at:
[ https://www.msn.com/en-us/money/economy/trump-s-canadian-tariffs-are-having-a-chilling-effect-on-vermont-s-small-business-owners/ar-AA1AYEHH ]