Press Release

As Tariffs are Hurting Vermont’s Outdoor and Tourism Economy, Welch Convenes Discussion on Impact of Trump’s Trade War in Stowe 

Apr 14, 2025

More than 60 business and nonprofit leaders attended event 

STOWE, VT – Today, U.S. Senator Peter Welch (D-Vt.)a member of the Senate Finance Committee, hosted a conversation at The Alchemist in Stowe on the impact of President Trump’s trade war on Vermont’s outdoor and tourism economy. Senator Welch’s panel included representatives from The Alchemist, the Old Stagecoach Inn, Mad River Distillers, Burton, J Skis, Waterbury Sports & Power Play Sports, and Hen of the Wood.   

“The point of these roundtables is to mobilize as much information as I can, so that when I’m talking about these tariffs with my colleagues, it’s very concrete: How does it affect Vermont farmers? How does it affect our craft brewers? How does it affect our manufacturers and our retail operations that are so essential?” said Senator Welch during the event. “And then, how does it affect our relationships with long-term allies who are on our side when it comes to the goal of creating good local jobs, respecting the environment, and doing things in a way that provides mutual benefit? So, I want to thank everybody for being here today—this is a deadly serious topic. The Trump Administration, in my view, has run amok on this, and my goal is to stop it.” 

Panelists shared firsthand the impacts of President Trump’s trade war with Canada and global allies, and discussed how Trump’s rhetoric against Canada has negatively impacted business in Vermont. Frustrations were shared about the uncertainty of the tariffs, rising costs, shifting supply and manufacturing needs, and ways the Trump Administration’s policies are hurting the services and programs Vermonters rely on.  

After the panel shared their experiences, the floor was opened to business and nonprofit leaders from across the Vermont, who discussed the long-term implications of tariffs when selling and marketing outside of the United States, the impact of Trump’s funding freezes, and how this will raise prices for working Vermonters. 

View photos from the event below:

Senator Welch has been outspoken in opposing President Trump’s destructive trade war. Last month, Senator Welch convened Vermont and Canadian business leaders for a roundtable near the U.S.-Canada border to discuss President Trump’s Trade War and how the Trump Administration’s reckless tariffs are hurting workers, families, and farmers. In January and February, Senator Welch convened Vermont businesses for roundtables to hear from Vermont businesses and state and local leaders about how the President’s actions reigniting a trade war have impacted their lives and livelihoods. 

Senator Welch joined bipartisan colleagues in releasing a resolution to repeal Donald Trump’s sweeping, global tariffs. Senator Welch has also supported legislation pushing back against Trump’s tariffs, including: 

  • The Trade Review Act, bipartisan legislation to reaffirm Congress’ key role in setting and approving U.S. trade policy and reestablish limits on the President’s ability to impose unilateral tariffs without the approval of Congress. 
  • The Tariff Transparency Act of 2025, legislation to require the United States International Trade Commission to conduct an investigation and submit a report on the impact on businesses in the United States of duties, and the threat of duties, on imports from Mexico and Canada. 
  • A Joint Resolution of Disapproval terminating national emergency related to Canadian energy tariffs, passed by the Senate last week on a bipartisan basis. 

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