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‘Very Difficult’: Calgary Jewelry Maker Set to Lose Customers Amid Trade War
The tariffs are expected to cut her U.S. customer base in half, and she has already suspended sales south of the border.
On Friday night, Prime Minister Mark Carney ended trade talks with President Donald Trump, calling the U.S. offer a "bad deal," and announced Ottawa will match Washington's tariffs dollar-for-dollar beginning next month.
Carney said the U.S. attempted to restrict Canada's ability to make deals with other trading partners and weaken French language protections. When asked Saturday if Canada was in a trade war, he said, "Yes, that's obvious."
Calgary jeweler Cindy Baldassi suspended U.S. sales over the weekend after 50% tariffs hit her products. With 75% of her American buyers now facing price increases, she noted, "I've already gone through the five stages of grief."
The Calgary Chamber of Commerce supports the decision, stating, "No deal is better than a bad deal," while premiers are calling on Canadians to unite as Team Canada and support domestic businesses.
Saskatchewan Premier Scott Moe warned that "all tariffs hurt real businesses and kill real jobs, on both sides of the border," while Alberta Premier Danielle Smith cautioned against cheering for retaliation; The Calgary Chamber expects the trade war to affect nearly 100,000 jobs nationwide.