New Hampshire businesses weigh in on new wave of US-imposed tariffs on Canada
MANCHESTER, N.H. —
The United States imposed a new wave of tariffs on Canada, and some New Hampshire businesses that rely on Canadian imports are already seeing changing prices on some goods.
The U.S. will impose 50% tariffs on $20 billion worth of Canadian goods.
Some Granite Staters rely on Canadian goods for their businesses.
Able Ebenezer Brewing Company in Merrimack said they have been seeing can prices fluctuate.
“You can’t just change the can price overnight, so you just have to absorb it and ride the wave,” said Mike Frizzelle of Able Ebenezer Brewing Company.
Frizzelle said prices on other imports have him worried.
“I was worried about grain. Most people don’t know 80% of malted barley comes from Canada in North America. So, luckily, that’s exempt, which is a huge relief, but it created some sleepless nights,” Frizzelle said.
Manchester Craft Market in the Mall of New Hampshire said it has seen 15 to 20% less Canadian-native business in their shop since the tariffs first began.
“We’re noticing way less people say they’re from Canada, way less people speaking French in the store in general,” said Emmalee Aiken of Manchester Craft Market.
Aiken said she is worried about the strain that this wave of tariffs will have on Canada’s relationship with the Granite State.
“It ends up being a big detriment to a lot of businesses, period,” Aiken said.
Canada has announced that it will impose tariffs of their own on the United States, which are set to begin Sept. 8.