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Senate hears from businesses about Canadian tariffs; sponsor seeks study of local economic impacts
Summary
Sen. Rebecca Perkins Quocca asked the Department of Business and Economic Affairs to report on how Canadian tariffs could affect New Hampshire businesses and consumers, particularly in housing, energy and tourism.
Sen. Rebecca Perkins Quocca introduced SB 304, requesting the Department of Business and Economic Affairs report on how tariffs on Canadian goods would affect New Hampshire businesses, fuel and heating costs, housing construction and tourism.
Perkins Quocca said the state imports about $2 billion in goods from Canada annually, with fuel and heating oil the largest category. She cited business letters and testimony forecasting direct effects: Irving (a fuel supplier) warned that gas prices could rise by as much as 70¢ per gallon, and housing developers and…
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