Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

'In business, indecision is killer' - Canadian firms seek certainty in tariff war
BBC News ^ | June 28, 2025 | Ali Abbas Ahmadi

Posted on 06/28/2025 1:37:15 PM PDT by MinorityRepublican

Deal or no deal, what Wes Love wants is certainty.

His Toronto-area business, Taurus Craco, imports machinery from overseas and distributes it across North America, mainly to the United States.

But President Donald Trump's shifting tariffs on Canadian products have left him, like many independent business owners, unable to plan for the future.

"What has been creating indecision in the market is people don't know which way this is going to go," Mr Love told the BBC in June.

"And in small businesses, indecision is killer."

Taurus Craco was hit hard by the tariffs earlier this year when it was forced to shell out nearly C$35,000 ($25,500, £18,700) because a shipment to the US crossed the border a few minutes after one deadline.

"It is totally punitive. From a small business perspective, that's more than the cost that we spend on hydro and gas for the entire year," he said.

Even though Trump paused that tariff a few hours later, Taurus Craco still had to pay. Refusing would mean no longer being allowed to transport its products into the US, Mr Love said.

"It's like dealing with the mob," he said.

Canada is in a tit-for-tat tariff war with its largest trading partner, faciing a series of levies, in particular on metals and auto.

Since taking office in January, Trump has announced a series of import taxes on goods from other countries - arguing they will boost American manufacturing and protect jobs.

The ensuing uncertainty has hit Canada's economy and intense talks between the two countries hit a snag on Friday.

(Excerpt) Read more at bbc.com ...


TOPICS: Canada
KEYWORDS: taxesandtariffs

1 posted on 06/28/2025 1:37:15 PM PDT by MinorityRepublican
[ Post Reply | Private Reply | View Replies]

To: MinorityRepublican

Yeah it’s Trump’s fault so vote for more socialism...


2 posted on 06/28/2025 1:39:09 PM PDT by HYPOCRACY (Wake up, smell the cat food in your bank account. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

Just accept that Trump will win the tariff war and plan accordingly.


3 posted on 06/28/2025 1:40:13 PM PDT by E. Pluribus Unum (Democrats are the Party of anger, hate and violence.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HYPOCRACY

Socialism is why Canada leads North America in “assisted suicide”


4 posted on 06/28/2025 1:51:02 PM PDT by Does so ("Trump said today, "I'm with Ukraine". You?.....🇺🇦...Dem☭¢rat... ∅ one ™ ¿ ¡ ☞≣ ½¼vedv)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Does so

Would be easier for Canada to say zero tariffs. Same with the US and Mexico.


5 posted on 06/28/2025 2:06:10 PM PDT by EQAndyBuzz (TDS much?)
[ Post Reply | Private Reply | To 4 | View Replies]

To: MinorityRepublican
...imports machinery from overseas and distributes it across North America, mainly to the United States.

So why wouldn't this idiot just put a physical warehouse in the U.S.?

6 posted on 06/28/2025 2:10:22 PM PDT by voicereason (When a bartender can join Congress and become a millionaire...there’s a problem.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

Reality Check:

1.Trump will win the tariff war and plan accordingly.

2.Then Plan accordingly!!!


7 posted on 06/28/2025 3:20:40 PM PDT by Grampa Dave (Drones have forever changed fighting wars/with Navy/Army top water or below and anything that flies)
[ Post Reply | Private Reply | To 3 | View Replies]

To: HYPOCRACY

How do we know they voted for this?


8 posted on 06/28/2025 3:21:31 PM PDT by mewzilla (Swing away, Mr. President, swing away!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: MinorityRepublican
I'm guessing his business was based on avoiding tariffs in the first place; companies would have had to pay tariffs if they imported directly into the US. If they import through Canada, they avoid this tariff.

He's exploiting a loophole that the US wants to close.

Now let's guess some more. Machinery, right? From country that must pay a high tariff to export into the US? What country do you suppose that could be?

9 posted on 06/28/2025 5:21:57 PM PDT by ZOOKER
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson