{"id":890566,"date":"2026-09-10T14:18:12","date_gmt":"2026-09-10T14:18:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/890566\/"},"modified":"2026-09-10T14:18:12","modified_gmt":"2026-09-10T14:18:12","slug":"consumers-will-pay-the-price-for-ottawas-retaliatory-tariffs-says-mun-business-prof","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/890566\/","title":{"rendered":"Consumers Will Pay the Price for Ottawa\u2019s Retaliatory Tariffs, says MUN Business Prof"},"content":{"rendered":"<p>\t\t\t\t&#13;<\/p>\n<p>\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/tom-cooper-mun-faculty-of-business-professor.jpg\" class=\"header-image\" alt=\"Consumers Will Pay the Price for Ottawa's Retaliatory Tariffs, says MUN Business Prof\"\/><\/p>\n<p class=\"wp-caption-text\">Tom Cooper (VOCM News file photo)<\/p>\n<p>A Memorial University business professor says Canadians will eventually pay the price for counter tariffs imposed by Ottawa on a range of U.S. goods. <\/p>\n<p>Affected U.S. imports include $28 billion-worth of 629 items from clothing and home appliances, to metals and electronics and range from 15 per cent to 50 per cent. <\/p>\n<p>Tom Cooper says local companies will have to collect what amounts to a tax on behalf of the federal government.<\/p>\n<p>\u201cIt could be an amazing organization like PF Collins, they would collect the tax.\u201d He told the Tim Powers Show on VOCM, \u201cit\u2019s not a bill that we send, instead, we collect it.\u201d<\/p>\n<p>Cooper says the cost increases won\u2019t be felt immediately, and if an importer thinks the measures are short-term, they may eat the cost, but if the tariffs drag out, you can expect for those costs to be downloaded onto the consumer. <\/p>\n<p>\u201cIt\u2019s more of something that we see gradually\u2026but yes, definitely, we pay for it as consumers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Tom Cooper (VOCM News file photo) A Memorial University business professor says Canadians will eventually pay the&hellip;\n","protected":false},"author":2,"featured_media":890567,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,269876,185074,269873,269875,269877,269874,269870,269871,269872],"class_list":["post-890566","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy","tag-listen-to-vocm","tag-news-radio","tag-news-radio-st-johns","tag-st-johns-fm-radio","tag-st-johns-local-radio","tag-st-johns-radio-station","tag-vocm","tag-vocm-590","tag-vocm-radio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/890566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=890566"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/890566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/890567"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=890566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=890566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=890566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}