
How Do Tariffs On China Affect The U.S. Cannabis Industry?
U.S. tariffs on China could drive up some cannabis product prices, as the industry heavily depends on Chinese manufacturing. However, some companies are already diversifying their production to avoid the rising costs.
Since the beginning of President Donald Trump’s second term, he has implemented tariffs on imports from China, Canada, Mexico, and the European Union. These measures aim to encourage domestic manufacturing, protect U.S. jobs, and address trade imbalances despite potential economic...