NewsFree365
--°
Banking & Economics
3 views

A Sprint to Decipher U.S.-Canada Tariffs: ‘Are Sprinkles on the List?’

President Trump’s levies on a long, eclectic list of products from Canada has companies scrambling to figure out of their supply chains are affected.

A Sprint to Decipher U.S.-Canada Tariffs: ‘Are Sprinkles on the List?’

Key Highlights

  • President Trump’s levies on a long, eclectic list of products from Canada has companies scrambling to figure out of their supply chains are affected.
  • You have a preview view of this article while we are checking your access.
  • When we have confirmed access, the full article content will load.
  • Kelsey McClellan for The New York Times Listen · 5:48 min Sept.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load.
Credit...Kelsey McClellan for The New York Times
Listen · 5:48 min
Rosie Alyea, the chief sprinkle officer at Sweetapolita in Toronto, has had a bitter year.

First, the United States blocked cheap imports from entering the country duty-free, which made a mess of her sales to American customers.

“That was extremely disruptive,” she said.

Then last month, after trade talks between the United States and Canada collapsed, the Trump administration imposed punishing new tariffs on a wide and seemingly arbitrary list of items that included wine, dairy products and hockey sticks. Among them were several ingredients in Ms. Alyea’s sprinkles, like cellulose gum and glucose.

Some 2,500 miles away from Sweetapolita’s headquarters, in Santa Cruz, Calif., Zach Davis suddenly wondered: “Are sprinkles on the list?”

The question was not a trifling one. Mr. Davis is an owner of the Penny Ice Creamery, which buys thousands of dollars’ worth of Sweetapolita’s medleys of colorful sprinkles every year.

“We had to figure it out pretty quickly,” Ms. Alyea said.

In the escalating trade war between the United States and Canada, both countries seem intent on hurting the other just enough to make a point. On Tuesday, President Trump moved to ban a subset of Canadian products after Canada imposed its own retaliatory duties on an array of American exports.

Small companies are caught in the cross hairs. Many businesses are rushing to untangle the byzantine roster of tariffs that both countries have issued to determine whether they are affected.


Thank you for your patience while we verify access. If you are in Reader mode please exit and  your Times account, or  for all of The Times.
Thank you for your patience while we verify access.

Already a subscriber? .

Want all of The Times? .

Advertisement

The New York Times Verified Source

Reported by https://www.nytimes.com/by/sydney-ember · Syndicated via official news feed

Explore all Banking & Economics stories

Syndicated feed content with full publisher credit.

Banking & Economics Desk

More in Banking & Economics

Continue reading verified coverage and related developments on this desk.

View All