President Trump imposing tariffs on Canada could result in higher lumber and gas prices for North Carolina residents, Walden said. “We buy a heck of a lot of oil from Canada. It’s called heavy oil, and our refineries are geared to deal with that heavy oil,” Walden said. “That’s not something you can switch on and off easily.”
China announced it would impose tariffs on U.S. farm products, and North Carolina producers could be affected.
Many types of furniture, also on Canada’s tariffs list, are produced in North Carolina, which is home to the world’s largest furniture trade show. Ashley Furniture has a manufacturing and distribution facility in Advance in Davie County, and Kincaid Furniture was founded in North Carolina in 1946.
President Donald Trump earlier this week promoted tariffs as a way to bring furniture-making manufacturing to North Carolina.
The owner of a Raleigh-based company pleaded guilty in federal court on Friday to attempting to sell technology with military applications to China without a required license, according to a news release from the U.
A North Carolina man pleaded guilty to attempting to export technology with military applications to China without a license, the U.S. Justice Department said Friday.
There will be 25% tariffs on products from Canada and Mexico, and an additional 10% tariff on goods from China; this brings ... he singled out North Carolina. "I used to go there to buy furniture ...
The federal government says the owner of a North Carolina company has pleaded guilty to trying to sell electronic devices that have military applications to China without a required exporting license
The federal government says the owner of a North Carolina company has pleaded guilty to trying to sell electronic devices that have military applications to China without a required exporting ...
Feb. 28 (UPI) --A North Carolina man pleaded guilty to attempting to export technology with military applications to China without a license, the U.S. Justice Department said Friday. David C.