Kamloops Businesses, Exporters Brace for Ripple Effects as 50 per Cent U.S. Tariffs Loom
Exporters say the planned levy could cut U.S. sales and force layoffs as negotiators race to avert the deadline, businesses said.
7 Articles
7 Articles
Island businesses brace for new tariffs as buy-local demand grows
A Victoria puzzle company is taking a creative approach to a new round of U.S. tariffs, offering to split the added cost with its American customers rather than risk losing them altogether. Puzzle Lab, a downtown Victoria maker and retailer of premium puzzles, has a large customer base in the United States. With a 50 per cent tariff set to apply to a broad range of Canadian products, the company says it is preparing for a significant hit to its …
B.C. businesses bracing for 'severe consequences' of 50 per cent tariffs
Trade talks that would head off the next round of crushing 50 per cent tariffs on $28 billion in Canadian exports to the U.S. are going down to the wire, leaving a lot of British Columbia businesses fearing the worst.
Kamloops businesses, exporters brace for ripple effects as 50 per cent U.S. tariffs loom
KAMLOOPS, B.C. — A new round of 50 per cent U.S. tariffs is set to take effect Tuesday (Aug. 18), creating further uncertainty for Kamloops businesses tied to the American market. Progressive Planet Products processes locally mined materials at its Kamloops facility into products sold in the agricultural, pet care and industrial sectors. Over the years, many more of those products are being shipped towards high-demand customers … a growing tren…
Trump's new 50 per cent tariff already hurting Canadian businesses — before it takes effect
Just the threat of the new tariff is already spooking U.S. customers, says one expert. ‘People don’t want to get caught out if they’d suddenly have to pay 50 per cent more.’
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