The growing trade dispute between the United States and Canada is creating increasing pressure on businesses on both sides of the border, especially in closely integrated industries such as automotive manufacturing, steel production, and machinery.
In Michigan, companies note that the increase in tariffs has led to a sharp rise in the cost of imported components and Canadian lumber, forcing some businesses to either raise prices or lose contracts.
The consequences of this impact are particularly felt in the automotive industry, as components regularly cross the border multiple times during the production process. This information was reported by Dan Williams from Detroit, Michigan.