President Trump imposing tariffs on Canada could result in higher lumber and gas prices for North Carolina residents, Walden said. “We buy a heck of a lot of oil from Canada. It’s called heavy oil, and our refineries are geared to deal with that heavy oil,” Walden said. “That’s not something you can switch on and off easily.”

U.S. tariffs on goods imported from Mexico and Canada are now in effect and they could impact North Carolina wallets.

Donald Trump put into place tariffs against Canada and Mexico earlier this week. But after the stock market slipped, he has carved out big exemptions.