"Either way, Friday was destined to be a bad day for North American businesses," said Ontario Chamber of Commerce CEO Daniel Tisch
Business organizations on both sides of the border reacted with a mixture of concern and disappointment after Canada and the U.S. failed to reach a trade deal late Friday night and a new 50 per cent tariff kicked in on a wide range of Canadian exports.
Dan Kelly, head of the Canadian Federation of Independent Business, said the new tariff will be a death knell for many small Canadian exporters.
Amid ‘so much uncertainty,’ Canadian business leaders brace for lost deals as 50% tariffs kick in | CBC News
US-Canada trade deal collapses as Trump's 50% tariffs go into effect
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Trade standoff: Trump's 50% tariff kicks in; Canada PM Carney vows 'dollar-for-dollar' response
US, Canada fail to reach trade pact to avert Trump tariffs | Euractiv
Canada rejected US tariff deal. Now comes the economic cost
U.S., Canada near final trade deal as Trump tariff deadline looms
