• So You Think I Should Vote?
  • QNetNews.ca
  • QNetNews TV
  • 91X FM News
  • QNetNews Interactive

QNetNews.ca

  • TwitterTwitter
  • VimeoVimeo
  • FacebookFacebook

Local

Quinte West chamber reacts to tariff threat

  • February 7, 2025 at 10:26 am

By Mohitpreet Singh

BELLEVILLE – The head of the Quinte West Chamber of Commerce said there is still plenty of concern about the threat of the United States imposing 25 per cent tariffs on Canadians good. 

“The delay has given a small reprieve, but it hasn’t resolved the uncertainty and disruption,” Suzanne Andrews told QNet News.

While the 30-day postponement until March 4 has provided a brief reprieve, many businesses remain hesitant to invest or place orders, and the overall chaos has not subsided.

Suzanne Andrews

Quinte West has a strong manufacturing base, with many companies exporting to the U.S. Andrews noted that local manufacturers fear order cancellations or losing customers who may seek alternative suppliers due to increased costs.

“ This creates a double tariff effect—businesses pay more for their materials, and their customers face higher costs when purchasing the finished products”.

Companies would not only pay higher costs for materials but also face additional tariffs when selling their products in the U.S. This situation highlights the complexity of North American trade, where goods often cross the border multiple times before reaching their final form. As a result, industries such as automotive manufacturing and consumer goods will see rising costs.

To support businesses, Andrews emphasized the importance of government intervention.

While encouraging consumers to “buy Canadian” and shop locally is beneficial, financial assistance is needed for businesses hit hardest by these tariffs.

She also stressed the need to eliminate interprovincial trade barriers, which remain complicated due to varying provincial regulations. Strengthening trade within Canada would reduce dependence on the U.S. and create a more stable economic foundation.

Another critical strategy, she said,  is diversifying international trade. Canada has traditionally relied on the U.S. for its exports, particularly in raw materials like energy, minerals, and metals. However, Andrews believes exploring alternative markets will help safeguard the economy from future trade disruptions.

“In the long run, I believe we will see a push for diversification—both in strengthening interprovincial trade and expanding exports beyond the U.S. This situation has made it clear that we need to be less dependent on a single trading partner to ensure economic stability.”

The industries most affected by these tariffs will be manufacturing and retail. Manufacturers exporting to the U.S. will feel the impact immediately, while retailers selling American-made products—such as farming equipment, recreational vehicles, and sporting goods—may need to pass additional costs onto consumers.

“Many American companies have manufacturing plants in Canada, and avoiding their products could hurt local jobs. For example, Kellogg’s is an American company, but it has Canadian operations that employ local workers. It’s important to consider these nuances when making purchasing decisions”.

Looking at the long-term effects, Andrews believes the greatest consequence is the loss of trust. Businesses relied on trade agreements to make long-term investments, but the U.S. breaking these agreements has shown that even legally binding deals can be disregarded. She says this has been an unwelcome wake-up call for Canadian officials and businesses.

 

 

 
 
 

Related posts:

  1. Bus overcrowding down, Belleville Transit says; student disagrees
  2. Angel Tree program needs your help to bring Christmas to Quinte families
  3. DocFest to return with a mix of in-person and virtual events
  4. Service changes to recognize National Day for Truth and Reconciliation in Belleville
Print This Post Print This Post

Tags: BusinessLocalLoyalist CollegeQNet NewsTax

    Related Posts

  • OPP ask for public’s help in finding federal offender March 28, 2017
  • Belleville welcomes country music star Corb Lund to the Empire April 10, 2014
  • All-candidates debate at the Empire Theatre Wednesday night October 1, 2019
  • Medical centre in Madoc is looking for a doctor March 24, 2015
  • Top Stories

    • It’s -30- for journalism at Loyalist College, at least for nowApril 22, 2025
    • Gurbakhshish Singh a volleyball player at Loyalist College.Gurbakhshish Singh becomes first international student to play volleyball for Loyalist College.March 26, 2025
    • Bridge Integrated Care Hub moves forward with federal fundingMarch 24, 2025
    • OPSEU Local president talks about impact of program, job cutsMarch 21, 2025
    • Cricket player hopes to grow the game in Quinte areaMarch 21, 2025
  • Home
  • Local
  • Quinte West chamber reacts to tariff threat
  • Login
    Student Works
    Students
    • TwitterTwitter
    • VimeoVimeo
    • FacebookFacebook

    © 2014 QNetNews.ca. All Rights Reserved.