New Hampshire bill examines Canadian tariffs' business impacts

New Hampshire lawmakers are considering a new bill that aims to analyze the effects of Canadian tariffs on local businesses. If approved, the law will require the state's Department of Business and Economic Affairs to prepare a report by October 1. This report will explore how tariffs could raise the prices of goods and services in New Hampshire. It will also assess the number of jobs that could be affected by these tariffs. Jim Jalbert, the CEO of C&J Bus Lines, highlights the potential impact on his business. He mentioned that 80% of motor coaches used in the U.S. are imported from Canada. Jalbert is currently facing significant cost increases because of tariffs on buses he is waiting to receive. He noted that a bus currently costing about $160,000 could end up costing over $200,000 with added tariffs. Jalbert emphasized the importance of Canadian customers for his business, stating they are crucial for filling his buses at Logan Airport. Sponsors of the bill believe both parties, Republicans and Democrats, should unite in support. They argue that Canadian tariffs can affect all kinds of businesses across New Hampshire.