“How do you think where the ball goes after that? He is trying to mix the game plan and don’t know how to respond.”
This is the response from Deborah Yidlin, CEO of Callajari Trade Chamber, to the latest tariff for President Donald Trump.
On Monday afternoon, Trump signed an executive order, with a 25 percent tariff on US steel and aluminum imports, which is Canada is a major resource.
President Donald Trump is loving Air Force One at Palm Beach International Airport in West Palm Beach, Florida, on February 9, 2025. The Canadian Press/AP, Ben Curtis.
Canadian press/AP, Ben Cortis
In 2024, the Ministry of Employment, Economy and Trade estimated at Alberta that the boycott exported steel products worth $ 815 million and $ 239 million of aluminum products to the United States.
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While American manufacturers will have to pay customs duties on raw materials, the business community in Alberta warned that consumers on both sides of the border will eventually pay more.
Consumers on both sides of the border will ultimately end up to pay President Donald Trump’s fees on US imports of Canadian and aluminum steel.
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“How does it affect us here is to buy all our products outside the United States,” said Dania Felito, President of Rangelland Raf in Calgary, during an interview with Global News. “This recent tariff will affect the cost of RVS.”
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Filippetto estimates that 95 percent of RVS sold in Canada is manufactured in the United States.
“We will take a significant price increase from steel and aluminum tariffs,” he added. “This combined the highest exchange rate against the dollar that is not very favorable – the cost of RVS will definitely increase.”
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The head of Rangeland RV in Calgary said that the new customs tariff for American steel and aluminum imports, as well as a decrease in the value of the Canadian dollar, means that buying a mobile housing will be more expensive.
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President Trump imposed a similar tariff during his first term in his post.
It was eventually removed after the Trade Agreement between Canada, and the United States and Mexico were signed, but by that time a lot of damage was caused.
“We know that this has happened before, and it is clear that the definitions will increase the cost of what we sell in the United States. “
“So these small and medium -sized manufacturers will have to search for other markets. It costs them for inputs. It will not be very useful.”
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Steel, aluminum tariffs can increase car insurance rates: experts
While the long -term effect of definitions means high prices, Felito hopes that there will be a positive effect in the short term.
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“I think what was positive was that many consumers may have been waiting for a mobile housing vehicle until the snow dissolves or the spring comes, they are a little faster to buy something at the present time on the ground because it will happen and Felito said,” To be more affordable, regardless of that “.
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