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News in English (USA) / 20.03.2025 / 00:00

Rising Tensions in U.S.-Canada Trade Relations as Tariffs Bite

The ongoing trade war between the U.S. and Canada is deepening economic tensions and affecting businesses on both sides of the border. Recent discussions at a Newport roundtable highlighted the frustrations of Vermont and Canadian business leaders grappling with the fallout from Trump’s tariffs, which have slashed growth forecasts and ignited anger amongst Canadian producers. The emotional toll and economic uncertainty are palpable, with many businesses, particularly in the brewery and maple syrup sectors, feeling the impact of heightened tariffs. As trade discussions continue, some Canadian leaders express frustration over the American populism that seems to dictate the terms of engagement, while Vermont business owners brace for rising prices. The sentiment of betrayal is growing in Canada, leading many to consider new trade partners as relationships with the U.S. sour and tariffs escalate.
CNBC, VTDigger, BBC.com, The Wall Street Journal, CBC.ca, WPTZ, Bloomberg, Canada.ca, USA TODAY, National Post