{"id":185145,"date":"2026-08-27T10:35:07","date_gmt":"2026-08-27T10:35:07","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/185145\/"},"modified":"2026-08-27T10:35:07","modified_gmt":"2026-08-27T10:35:07","slug":"marist-professor-canada-tariffs-likely-to-have-limited-impact-on-u-s-households","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/185145\/","title":{"rendered":"Marist Professor: Canada tariffs likely to have limited impact on U.S. households"},"content":{"rendered":"<p>POUGHKEEPSIE \u2013 The immediate impact on the average American household is likely to be limited despite Canada\u2019s decision to impose retaliatory tariffs on U.S. goods, according to an economics professor at <a href=\"http:\/\/www.marist.edu\" target=\"_blank\" rel=\"noopener nofollow\">Marist University<\/a>.<\/p>\n<p>Canada announced Tuesday that it would impose tariffs of up to 50 percent on about $20 billion worth of U.S. goods, matching the new U.S. duties imposed by President Donald Trump after trade talks between the two countries broke down. The Canadian tariffs are scheduled to take effect Sept. 8.<\/p>\n<p><a href=\"https:\/\/midhudsonnews.com\/2026\/08\/27\/marist-professor-canada-tariffs-likely-to-have-limited-impact-on-u-s-households\/laumarist-2\/\" rel=\"attachment wp-att-295720 nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-295720\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/08\/laumarist.jpg\" alt=\"\" width=\"300\" height=\"200\"\/><\/a>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Dr. Jin Lau<\/p>\n<p>\u201cThis latest package affects roughly five percent of Canada\u2019s exports to the U.S.,\u201d said Dr. Jin Lau, an Assistant Professor at Marist. \u201cIt also excludes major exports such as oil, natural gas, and potash.\u201d<\/p>\n<p>However, Lau noted that lower-income households could be affected more because \u201cthey spend a larger share of their income on necessities and have less room in their budgets to absorb higher prices.\u201d<\/p>\n<p>\u201cFamilies buying affected food, clothing, furniture, and household products may feel the greatest pressure,\u201d Lau added.<\/p>\n<p>Canada\u2019s new tariffs cover more than 700 U.S. goods and are worth about $20 billion, matching the size of President Donald Trump\u2019s latest import taxes on Canadian products, including wine, cement and hockey sticks.<\/p>\n<p>Several analysts believe that Canada and the U.S. will reach a deal before the Sept. 8 deadline.<\/p>\n<p>\u201cCanada also has a strong reason to keep an escape route open because its economy depends much more heavily on the U.S. market than the U.S. economy depends on Canada,\u201d Lau said. \u201cCanada\u2019s goal appears to be to show that it is prepared to respond while still leaving room for a negotiated settlement.\u201d<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"POUGHKEEPSIE \u2013 The immediate impact on the average American household is likely to be limited despite Canada\u2019s decision&hellip;\n","protected":false},"author":2,"featured_media":185146,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,58354,400,437,2878],"class_list":["post-185145","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada","tag-marist-university","tag-tariffs","tag-trade-war","tag-u-s"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/185145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=185145"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/185145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/185146"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=185145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=185145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=185145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}