Canadian Prime Minister Justin Trudeau has announced that Canada will be implementing a 25% tariff on American imports. This is in response to President Trump slapping Canada, Mexico, and China with tariffs earlier today.

The tariff is on a host of American goods. The first part is a 25% tariff on $30 billion worth of American goods coming into Canada beginning Tuesday February 4. It would then be applied to $125 billion worth of American imports in three week’s time, in hopes Canadian companies would be able to find alternatives before then. We’re working to get details on exactly what this impacts and if there are exemptions.

The impact on the comic and game industry becomes murkier. It is estimated that over 80% of comics are printed in China with 80-90% of board games estimated to be manufactured there. Both industries would easily be able to continue their printing operations outside of the US and likely get around the tariffs. However, if production were to shift to the US, they would likely be impacted by the tariffs on top of increased production costs in the US due to tariffs on paper imported from Canada, in effect taxed twice.

Mexico has also announced a response to Trump’s tariffs, “Plan B,” though details have not been released.