Businesses and consumers across New England rely heavily on Canadian imports, raising fears about the trickle down costs of President Trump’s imposition of a 25% tariff. In Massachusetts, Canadian imports were valued at around $10.

There are two main ingredients in cost of building housing: labor and materials. Here in New England especially — where builders have long wrestled with the cost of construction — the 25 percent tariff on Canadian imports instituted this week by President Donald Trump will make the latter even more expensive.

President Donald Trump suspended on Thursday the 25% tariffs he imposed this week on most goods from Canada and Mexico, the latest twist in a fluctuating trade policy that has whipsawed financial markets and fanned worries over inflation and a growth slowdown.