President Trump imposing tariffs on Canada could result in higher lumber and gas prices for North Carolina residents, Walden said. “We buy a heck of a lot of oil from Canada. It’s called heavy oil, and our refineries are geared to deal with that heavy oil,” Walden said. “That’s not something you can switch on and off easily.”
As China, Mexico and Canada prepare for Trump’s tariffs to go into effect, NC businesses could be affected by the additional tax.
New tariffs on Canada and Mexico have companies in North Carolina bracing for potential impacts, especially builders and their suppliers.
· 2d · on MSN
How will the Canada and Mexico tariffs impact North Carolina?
Donald Trump Announces a New Mexico Tariff Deal: What to Know
The decision comes after Commerce Secretary Howard Lutnick said that tariffs on both Mexico and Canada would "likely" be delayed.
· 2d
Trump’s tariffs on Canada & Mexico are now in effect. How could they impact NC buyers?
President Donald Trump earlier this week promoted tariffs as a way to bring furniture-making manufacturing to North Carolina.
Experts say new tariffs could slow economic growth and raise inflation. President Trump mentioned North Carolina in the reason why his plan will work.
Federal officials said Francisco Montalvo-Grenada also faces deportation back to Mexico following the completion of his prison sentence.
3don MSN
Mexico has extradited 29 alleged criminals to the United States, among them the so-called “narco of narcos” Rafael Caro Quintero, many accused of murder and several alleged members of cartels now designated as Foreign Terrorist Organizations.
An organized line of thunderstorms was active during the morning hours east of the Appalachians, prompting severe thunderstorm warnings and even a few tornado warnings.
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