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B.C. businesses navigate retail minefield in midst of tariff war
Canadian businesses face challenges due to new 25 percent tariffs on $29.8 billion in U.S. imports, affecting pricing and availability of goods, and creating uncertainty for local retailers.
Paul Chambers, a business owner, expressed concerns about being unable to expand due to the reliance on U.S. products affected by the tariffs.
A survey by the Canadian Federation of Independent Business revealed that 75 percent of Canadian small businesses support the tariffs despite hardships.
Shawn Soole commented that the tariffs haven't significantly impacted the hospitality industry yet, but uncertainty remains a challenge for businesses.