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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 by CNBC   Print publication without navigation

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

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 ]

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