Trump's Trade War with Canada Devastates New Hampshire Economy

New Hampshire's economy and businesses are suffering due to President Trump's trade war with Canada. The tariffs imposed on consumer goods, including construction materials and manufacturing components, will raise prices in New Hampshire, where inflation is already high.

CANADA IS NEW HAMPSHIRE'S LARGEST TRADING PARTNER, EXPORTING BETWEEN $800 MILLION TO $1.4 BILLION WORTH OF PRODUCTS ANNUALLY. Canada also supplies New Hampshire with a significant portion of its natural gas and gasoline.

The tariffs will have a dollar-for-dollar impact on goods coming to New Hampshire from Canada, raising costs for essential products. Meanwhile, prices for goods shipped to Canada from New Hampshire will be higher there, reducing sales.

The state's tourism industry has also been severely affected by Trump's trade policies and rhetoric. Canadian tourists are declining to visit New Hampshire due to their anger towards the President's actions, resulting in a nearly 30% decline in Canadian tourism and millions of dollars lost for the economy.