Vermont, New York leaders disapprove of new 50% tariff on Canada
Multiple leaders from Vermont and Northern New York are coming forward today, to express disappointment in the new 50% tariff on Canada.
In a social media post late Saturday night, Vermont Governor Phil Scott called Canada one of Vermont’s closest ally’s, friends and strategic partners.
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“The Trump tariffs are basically taxes—they raise costs for families, farmers and employers on both sides of the border and strain a relationship that has made both countries stronger and more secure,” Gov. Scott said.
Vermont’s Relationship with Canada
It comes after Vermont hosted the 47th annual New England Governors and Eastern Canadian Premiers Conference just this month.
During that meeting, the Quebec Minister of International Relations said that the 45% tariff on softwood lumber has strained their ability to offer cheaper housing in the U.S.
What will Canada’s tariffs impact?
In a press conference on Saturday afternoon, Canadian Prime Minister Mark Carney said the country plans to match the U.S. tariffs dollar for dollar.
They plan to implement a 50% tariff, targeting the following sectors:
Steel DairyAppliancesAgriculture EquipmentElectronicsPaper and PulpWhat do the tariffs mean for Northern New York manufacturers?
The North Country Chamber of Commerce said in a statement tonight that the tariffs could create complications for Canadian manufacturing operations in the Plattsburgh region.
“The over-arching fact is that Canada and the U.S. do not have a traditional trade relationship as other countries do but instead have created a highly integrated economic partnership in which we make things together,” said Garry Douglass, the President and CEO of the North Country Chamber of Commerce.
Canada’s tariffs on the U.S. are set to take effect September 8th.
“We can only hope that this collapse is reversed as soon as possible.”