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Tariffs Threaten Canadian Businesses | Ottawa News

Tariffs Threaten Canadian Businesses | Ottawa News

Published 1 day, 8 hours ago
Description

New tariffs loom over Canadian businesses, threatening to slash U.S. sales by half and potentially shutting down key industries like lumber, dairy, and alcohol exports. Negotiators stall over contentious issues — especially U.S. demands to end provincial alcohol bans — while small business owners face layoffs and lost orders as the threat alone triggers market panic. With trust in U.S. trade eroding, Canadian firms scramble for alternatives — but the immediate economic fallout could be devastating.

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