Canadian businesses brace for new U.S. tariffs
Story essentials
Canadian businesses and U.S. government
Canada and United States
August 19, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/18/2026, 2:10:26 PM
New U.S. tariffs on $28 billion worth of Canadian products are set to take effect Wednesday. Businesses fear significant revenue losses, with some expecting up to 50% decline in sales. Negotiations are ongoing to reach a last-minute trade deal.
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