Canadian business is seeking certainty in the US

The transaction is either not a deal, what Waes loves is a certainty.

His business in Toronto, Crack Taurus, imports machines from abroad and distributes it all over North America, mainly in the US.

But the switching of President Donald Trump’s tariffs on Canadian products left him, like many independent business owners, unable to plan the future.

“What creates hesitance on the market is people who do not know what the way it will go,” Mr. Law in the BBC said in June.

“And in small business hesitivity is a murderer.”

Taras Krak’s tariff was badly affected by tariffs earlier this year, when he was forced to allocate nearly $ 35,000 ($ 25,500, 18,700 pounds), since sending to the US crossed the border a few minutes after one term.

“It’s quite punitive. In terms of small business, it is more than the cost we spend on hydro and gas throughout the year,” he said.

Even if A few hours later, Trump stopped this tariff, Krakow’s calf still had to pay. The refusal will mean that they no longer allow to transport their products to the US, Mr. Law said.

“It’s how to deal with the crowd,” he said.

Canada is in the tariff war of “tits” with its largest trading partner, which deals with a number of fees, in particular on metals and cars.

From the moment of joining the post in January, Trump has announced a number of taxes on imports from other countries – claiming that they will increase US industries and protect jobs.

The following uncertainty caused the Canadian economy and intensive negotiations between the two countries on Friday hit the Kark.

Prime Minister Mark Karnya called Trump’s tariffs “unfair” and stated that during the campaigning in the April elections that “old relations” with the US ended.

Shortly after winning the election, the Prime Minister visited Washington, accepting the White House a more reconciling message to start negotiations on a new trade and security deal.

The deadline for July 16 was set at Hash Out, and President Trump said at a recent G7 summit that he was optimistic that the two countries could “work out” for trade.

But on Friday, Trump said she had reduced trading talks on Canada’s digital services.

“We stop all trade discussions with Canada, acting immediately,” he wrote on social media.

Karnya threatened to impose another round of retaliation in the United States if the negotiations were not successful.

Mr. Law welcomes any prospect of the transaction.

“Give us a set of rules and leave them alone and let’s work in these rules,” he said.

“It’s like a sport.

Gaphel Kongtsa, Director of the Canadian Chamber of Commerce International Policy, said enterprises hope the agreement will bring stability.

So far, they had to move along the very fluctuating landscape, he said: “Where, where everything seems, they are increasing or decreasing or added without very clear indications for why.”

Canada depends on the US trade, 75% of exports are sent south, Canada’s statistics reports.

Its economy slowed down in the first quarter of 2025 as a result of the trade war and the subsequent uncertainty – only 0.8% between January 1 and March 31, the Canadian Federation of Independent Business (CFIB) reports.

It decreased by 0.1% a month in April.

The Chronicle of Tariffs shows that it was in a few months.

On February 1, Trump introduced a 25% tariff for most Canadian imports, and then rejected them a month in a few days. They were again inflicted when the deadline had expired, only again detained.

He soon issued a release from all goods that corresponded to the current North American free trade, known as USMCA.

Then, in March, the United States imposed a global 25% tariff on imported steel and aluminum, as well as imported vehicles.

This month, Trump raised the tariff for metals up to 50%.

The production sector is the center of attention when it comes to tariffs, but the service sector also affects uncertainty, if not directly.

Sam Gupto is the founder and CEO of Elevatiq, technology and management consultation, which works with Buffalo, New York and Toronto.

Mr. Hupta said that most people did not think about the service sector during uncertainty, calling it a “unloved steps” of the economy.

“Attention is on all production companies and companies that directly affect the supply chain,” he said.

However, services – covers everything from finance to tourism – is a large share of Canada’s economy, which takes into account the vast majority of their workforce.

According to Canada’s Canadian Chamber, the exporters were not as much as production, but their forecast and confidence.

And while Ottawa has implemented several measures to assist companies affected by tariffs – including the funds raised by tariffs for meters – the service sector did not receive compensation.

“We’re not even in the conversation,” Mr. Gupta said. “We don’t exist.”

He said his business is not fighting at the moment, but noted that the requests for the services of his firm “decreased by 50%”.

“As for our understanding, there are not many businesses now thinking about these long -term investments. It’s simple, they just don’t think,” he said.

“The biggest fear that we all have now is – I don’t know how long it goes. If it is six months, year, 18 months, we can still survive. But let’s say it has been going on like two years, three years, oh, my good, it will be really very difficult.”

It was the most difficult period for the industry in his 20-year career as the sector faced a combination of problems, he said.

Mr. Gupta reminded how easy it was to pay the job at the beginning of his career.

“Even when I finished my studies, we paid like crazy. And we were so brazen that we didn’t even collect calls from the recruiters,” he said.

“But now with the II, with tariffs, economics, all, everyone I know are fighting,” he said.

Canada’s statistics reports that 56% of all enterprises exported to the US have taken measures to mitigate tariffs.

More than 30% dragged large investments and expenses, and 25% sought alternative customers outside the United States.

Canada Bank said Wednesday that exports to the United States decreased by more than 15%in April. Aluminum was also exports decreased by 25%and 11%, and the export of vehicles decreased by 25%.

But despite everything, Mr. Law remains positive.

He said businesses could move on the problems until the US continues to change its trade policy.

“We are entrepreneurs. We are full of urine and vinegar as they would say,” he said.

“And so we do everything we can continue to continue fighting. And I think we’ll be successful; we just need to know what the basic rules are.”