Businesses in northern Vermont are reporting that Canadians are cancelling planned trips to Vermont or saying they won't visit during the Trump administration.
President Donald Trump delayed some of the tariffs he imposed on Canada and Mexico earlier in the week late Thursday afternoon. Meanwhile, a lot of people in our region have wondered how potential tariffs would effect how utilities like Green Mountain Power get energy from Hydro-Quebec.
As tensions continue between the United States and Canada, some Vermont businesses say they are seeing a rise in trip cancellations from Canadians. The Vermont Department of Tourism and Marketing
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Trump Downplays Business Concerns About Uncertainty From His Tariffs and Prospect of Higher Prices
Trump delays tariffs again, sparking more uncertainty for Vermont officials and businesses
The volatility of Trump’s tariff policy has itself become an issue for businesses and officials trying to assess the impacts that a trade war could have on the state’s economy.
Trump does not rule out recession as he rejects business fears over tariffs
Donald Trump has declined to rule out either a recession or higher inflation while dismissing the concerns of business over a lack of clarity on tariffs, after a tumultuous week in which he watered down elements of his aggressive trade agenda.
Matthew Holmes, executive vice president at the Canadian Chamber of Commerce, reached for an arcade game metaphor to describe what it’s been like tracking President Trump’s ever-changing tariff policies.
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Green Matters on MSNWill You Lose Power if Canada Stops Sharing Electric With the U.S.?Canada send surplus energy to states across the Northeast, including New York — but will Canada shut it off? Plus, how much electricity does the U.S. actually get?
As of late Monday afternoon, just hours before the levies were expected to take effect, Vermont officials and business leaders were still grappling with uncertainty over which goods would actually be subject to tariffs.
Sen. Peter Welch (D-VT) is co-sponsoring a bill to allow Americans to legally buy lower-cost Canadian drugs; Canadians have opposed similar bills.
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