Anxious Canadian firms bet Trump will buckle ahead of 50% tariff deadline
Businesses are choosing watchful waiting as nearly US$20 billion in Canadian goods faces a 50% duty that could hit on Aug. 19, brokers said.
6 Articles
6 Articles
They have preferred to adopt an attitude of anticipation so far rather than rushing their expeditions to the United States.
Canadian firms wait out Trump ahead of tariff deadline
Canadian businesses are largely resisting the urge to rush products across the border as they face another looming tariff deadline from U.S. President Donald Trump. Instead of scrambling to get shipments into the United States before Aug. 19, many exporters appear to be weighing their options and preparing for the possibility that the latest threat may never fully materialize. New tariffs would affect billions in Canadian exports A new round of …
Anxious Canadian firms bet Trump will buckle ahead of 50% tariff deadline
MONTREAL — Industry insiders say companies are opting to wait and see as the clock ticks down on U.S. President Donald Trump's latest tariff deadline, rather than rushing shipments across the border to beat the buzzer.
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