HUNTERSVILLE, N.C. (QUEEN CITY NEWS) — The U.S. and Canadian trade war is ramping up, as the nations are putting steep tariffs on each other.
Canada plans to impose tariffs of up to 50% on about $20 billion worth of American goods starting in September. The border battle will put pressure on Carolinians’ wallets.
The housing industry is one that could take a big hit from these tit-for-tat tariffs. To build homes, crews need lumber, metal and concrete. Those are all materials local builders often source from Canada…