A growing number of Canadians are willing to avoid U.S.-made goods, even if it means paying more, but experts warn that this determination may not last as prices continue to rise. Recent polls show 61% of Canadians are ready to pay 10-15% more for Canadian-made groceries, with some saying they would absorb price hikes of up to 30%. However, market analysts caution that while this sentiment holds for now, it could begin to crack if food prices keep escalating. As affordability becomes a bigger concern, many shoppers may revert to purchasing cheaper options rather than sticking to politically motivated buying habits, a trend referred to as “market fatigue.”
The ongoing trade war between the U.S. and China is further complicating matters. The U.S. has imposed a 104% tariff on Chinese goods, pushing up the cost of many items that were once affordable. Both countries are locked in a fierce trade battle, with China insisting it can weather the storm better than the U.S. While China remains the U.S.’s largest trading partner, analysts predict that American consumers will ultimately bear the brunt of these escalating tariffs. This situation could lead to even higher prices for Canadian shoppers, forcing them to reconsider their purchasing choices.
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