22:24 GMT - Tuesday, 01 April, 2025

Tariffs Are Shaking Up U.S. Industries

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Posted 2 days ago by inuno.ai

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The BC Food News podcast, hosted by Jennifer English, discusses the recent report from National Business Capital which highlights the top five industries most affected by tariffs, including mining, agriculture, and food prices. It reveals how these tariff expansions from President Trump on Canada, Mexico, and other key partners have driven up costs significantly, particularly for industries reliant on imports. Mining, it seems, is the most susceptible, with manufacturing and agriculture closely following due to their heavy reliance on imported raw materials. However, sectors like education, finance, and the arts have so far proven resilient, being less import-dependent. The podcast urges businesses to anticipate and prepare for these cost increases. Overall, the podcast offers insight into the complex impacts of tariffs on various industries.

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