Shippers forced to delay loads as 50% tariffs jack up export costs
Canadian shippers are grappling with delays as they struggle to allocate funds for 50% tariffs imposed by the U.S. President Donald Trump. The tariffs, which target around US$20 billion worth of Canadian exports, have left manufacturers and exporters scrambling to find the necessary cash, causing transport delays. The Canadian government's promised support measures, while welcome, are seen as a temporary fix by customs broker Lisa McEwan, who states that they offer little relief to small businesses.
Prime Minister Mark Carney criticized the U.S. for attempting to insert last-minute provisions into a trade agreement that would have restricted Canada's ability to conduct business with other nations.
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