Vermont Small Business Impact

This is a Vermont news story, published by CNBC, that relates primarily to Sam Guy news.

Vermont news

For more Vermont news, you can click here:

more Vermont news

Sam Guy news

For more Sam Guy news, you can click here:

more Sam Guy news

News about inflation

For more inflation news, you can click here:

more inflation news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about

Canadian products

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Canadian customers news, tariff news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

tariffs

CNBC

•

Business

Business & Economics

Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners

Summary

Nutrition label

78% Informative

Vermont exports $680 million in goods to Canada annually , according to data compiled by Connect2Canada .

Vermont imports more than $2.6 billion in goods from Canada each year , with electricity and fuel oil among the top imported goods.

Small businesses in Vermont are seeing some fallout as early as February when Trump announced a round of 25% tariffs on goods from Mexico and Canada .

A 25% tariff tacked onto imported products would inevitably have to be passed on to shoppers.

"We're going to pass on the tariff. We're not going to add a margin or anything like that, but a lot of these are low margin products," owner Sam Guy says.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful