Alaska bracing for economic impact of Trump's tariffs on Canada and Mexico

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Alaska bracing for economic impact of Trump's tariffs on Canada and Mexico
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Trump's tariffs on imports from Canada and Mexico are expected to raise prices for Alaskan consumers and businesses. The Yukon government, Alaska's fourth-largest trading partner, expressed concern over the tariffs' impact on both economies. Alaska's seafood industry, heavily reliant on international trade, is also watching closely, hoping the tariffs might encourage more Americans to buy Alaska seafood.

is scheduled to take effectinternational trading partner, is accompanied by a 25% on imports from Canada , Alaska’s fourth-largest trading partner, and a 25% tariff on imports from Mexico.

“These tariffs will make Canadian goods more expensive in Alaska, as higher costs paid by American importers will be passed on to American consumers,” the spokesperson said, adding that the Yukon government is closely monitoring the situation.sends almost 30% of its zinc to a smelter in British Columbia. In the Southeast Alaska town of Skagway, the Yukon government is planning to spend more than $45 million on a new terminal designed to export ore extracted from Yukon mines.

The state of Alaska’s international trade office, devoted to increasing Alaska’s commerce with other nations, was unable to say what impacts Gov. Mike Dunleavy’s administration expects here.No state exports more seafood internationally than Alaska does, and when a Dunleavy-commissioned committee met early this year to craft a plan to reverse the seafood industry’s decline,

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