New US tariffs on Canadian goods are set to take effect, impacting roughly $28 billion in imports. The tariffs will impose a 50% rate on various Canadian products, including dairy and alcohol. American companies will be responsible for paying these tariffs, which could lead to increased costs for consumers.

The tariffs are part of ongoing negotiations between the US and Canada that have yet to reach a resolution. Further details on the tariffs and their potential effects are available from NewsChannel 5 WTVF. The tariffs are scheduled to go into effect this week, and their impact on local consumers and businesses will depend on various factors, including how companies choose to absorb or pass on the costs.