What to know about Trumps tariffs and their impact 

Everything from Vermonters’ retirement to their utility bills — even the beer they drink — is expected to be impacted by President Donald Trump’s new tariffs announced Tuesday. Just after midnight Tuesday, Trump imposed 25% tariffs on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy. Canadian Prime Minister Justin Trudeau said his country would plaster tariffs on more than $100 billion of American goods in the coming weeks. Energy is another sector impacted by the new tariffs. “Canada is a valuable trading partner for Vermont’s heating fuel and motor fuel distributors,” said Matt Cota, an energy consultant. He says rail tankers along the waterfront in Burlington may have arrived before the tariffs, but anything after that is subject to increased costs. Vermont Gas Systems, which supplies natural gas to about 55,000 customers in northwestern Vermont, is Canadian-owned and gets nearly 100% of its supply from Canada. A VGS spokesperson says they expect to pass on up to a five percent increase for commercial customers. Larger industrial customers could expect a six to nine percent increase.