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Tue, January 28, 2025
Mon, January 27, 2025

Vermont leaders push back against U.S. - Canada tariffs


Published on 2025-01-27 18:40:55 - MSN
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  • Vermont's congressional delegation is working to protect local industries from potential financial strain as concerns about proposed tariffs between the United States and Canada continue to grow. Senator Peter Welch took the lead in bringing together business leaders in St.

The article from MSN discusses how Vermont leaders are opposing the U.S. and Canadian tariffs on softwood lumber, which have been a point of contention for decades. These tariffs, which can reach up to 8% on Canadian softwood lumber imports, are seen as detrimental to both the U.S. housing market and the Canadian lumber industry. Vermont's congressional delegation, including Senators Bernie Sanders and Peter Welch, along with Representative Becca Balint, have voiced their concerns, highlighting the negative impact on housing affordability and the economic relationship between the two countries. They argue that these tariffs increase costs for American consumers and builders, exacerbate housing shortages, and strain U.S.-Canada relations. The leaders are pushing for a negotiated settlement to resolve the ongoing trade dispute, emphasizing the need for a stable supply of affordable lumber to support construction and economic growth.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/vermont-leaders-push-back-against-u-s-canada-tariffs/ar-AA1xXzvf ]
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