Governor Kathy Hochul is calling on New York businesses and farms to report the effects of President Donald Trump’s new tariffs, which impose a 25% duty on imports from Canada and Mexico and increase tariffs on Chinese goods by 10%. Energy products from Canada now face a 10% tariff.
Hochul warns that these policies could cost the average New Yorker up to $1,200 annually. She is encouraging affected industries to submit reports to [email protected] to assess the economic impact in real time.
Criticizing the tariffs as harmful to New York’s farmers and economy, Hochul vowed to fight back. Meanwhile, Trump has signaled potential tariffs on the EU, India, autos, and pharmaceuticals.
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