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As tariffs on Canada and Mexico go into effect on Tuesday, March 4, local San Diego industries prepare to suffer. From the building industry and new homes to the city's craft beer businesses, all expect to be hurt.
Even while U.S. Commerce Secretary Howard Lutnick said on Sunday, March 2 that Trump will determine whether to stick with the planned 25% level or not, San Diego will undoubtedly be affected negatively.
For example, Nat Bosa is a developer whose company, Vancouver, Canada-based Bosa Development, is in the middle of construction on a 389-unit condo tower called Andia in downtown San Diego, with plans to build a 211-unit apartment building next to Children’s Park. He is flabbergasted at the looming tariffs.
Bosa told the U-T, “To have the illusion (tariffs) would not cost us more money is absolute insanity. Right now, we have no idea to what extent.”
Clik here to view.
As tariffs on Canada and Mexico go into effect on Tuesday, March 4, local San Diego industries prepare to suffer. From the building industry and new homes to the city's craft beer businesses, all expect to be hurt.
Even while U.S. Commerce Secretary Howard Lutnick said on Sunday, March 2 that Trump will determine whether to stick with the planned 25% level or not, San Diego will undoubtedly be affected negatively.
For example, Nat Bosa is a developer whose company, Vancouver, Canada-based Bosa Development, is in the middle of construction on a 389-unit condo tower called Andia in downtown San Diego, with plans to build a 211-unit apartment building next to Children’s Park. He is flabbergasted at the looming tariffs.
Bosa told the U-T, “To have the illusion (tariffs) would not cost us more money is absolute insanity. Right now, we have no idea to what extent.”
