Business owners on both sides of the U.S.-Canada border gathered in Vermont to discuss the impact of President Trump’s tariffs on industries. Canadian lawmakers expressed concern over threats to sovereignty due to the tariffs on steel and aluminum. Participants in the roundtable included breweries, maple syrup producers, and furniture companies, all of whom are feeling the disruptions caused by the tariffs. Vermont Sen. Peter Welch criticized the actions of the Trump administration, emphasizing the importance of the relationship between the two countries.
The tariffs have led to increased costs for businesses, as seen in the case of Hill Farmstead Brewery, where the cost of beer production is expected to rise. Canada is a vital trade partner for many U.S. states, with Vermont relying heavily on trade with Canada. Welch highlighted the negative impact of the tariffs on businesses in his state, urging Trump to reconsider his stance.
The roundtable participants emphasized the need for cooperation between the two countries and urged American business owners to advocate for a reversal of the tariffs. They stressed that the tariffs ultimately harm both economies. The business owners expressed concern over the impact on their industries and the importance of maintaining a strong relationship between the U.S. and Canada.
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