Bill > JRH002

This joint resolution urges President Trump to avoid imposing tariffs on goods and services imported from Canada, highlighting the deep and interconnected economic relationship between the two countries. The resolution provides extensive context about the longstanding alliance between the United States and Canada, emphasizing their significant trade ties, with approximately $683 billion in combined goods and services exchanged in the first three quarters of 2024. It specifically focuses on Vermont's close relationship with Canada, noting that in 2023, Vermont exported $680 million in goods and $165 million in services to Canada, while importing $2.6 billion in goods and receiving Canadian investments that supported over 17,000 jobs. The resolution references a potential 25 percent tariff on Canadian products and a corresponding tariff on energy products that was narrowly averted through a 30-day delay, expressing concern about the potential economic disruption such tariffs could cause. By urging the President to refrain from imposing these tariffs, the resolution seeks to preserve the economic and diplomatic relationship between the two nations, highlighting the potential negative consequences for businesses, consumers, and long-established commercial agreements.

Business and Industry

https://legislature.vermont.gov/bill/status/2026/J.R.H.2