24
Aug
Ottawa (Rajeev Sharma): Canadian businesses are entering another difficult phase of the country’s escalating trade dispute with the United States, with newly imposed U.S. tariffs adding pressure to companies already struggling to plan for the future. The latest round of 50 per cent U.S. tariffs on a range of Canadian goods took effect after trade negotiations between Ottawa and Washington failed to produce an agreement. Prime Minister Mark Carney has responded by promising dollar-for-dollar Canadian countermeasures on U.S. products, while his government prepares additional support for affected workers and businesses. For Canadian companies, however, the immediate concern is not only…
