Canada-U.S. Trade War Hits Small Businesses | Calgary News

Canada’s small businesses are reeling as U.S. tariffs hit Canadian exports, forcing jewelry maker Cindy Baldassi to cut U.S. sales and raise prices—just as Prime Minister Mark Carney escalates the trade war with dollar-for-dollar retaliatory tariffs on steel, dairy, and electronics. While Baldassi braces for lost customers and rising costs, Carney insists the move is necessary to counter unfair tactics. The Calgary Chamber of Commerce warns 100,000 jobs may be at risk, but backs the government’s stance: no deal is better than a bad one. Some premiers rally behind Carney, while others worry about economic fallout. As Canadian leaders urge support for local firms, Baldassi sees a glimmer of hope in rising domestic orders—but uncertainty remains as both nations prepare for a prolonged standoff. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/72473a4040939b43