Urgent.News

What's breaking now, across thousands of outlets.

Business

‘Very difficult’: Calgary jewelry maker set to lose customers amid trade war

Calgary-based jewelry maker Cindy Baldassi is anticipating a loss of roughly half her customers due to the recent U.S.-Canada trade war. The 50% tariffs imposed by President Donald Trump on billions of dollars' worth of Canadian products affect her sterling silver, stone, and dinosaur fossil jewelry, which cater predominantly to an American clientele.

Baldassi, who resides in Calgary, said that 75% of her buyers were Americans and that the additional $17.50 in tariffs for these transactions could be unaffordable for her customers. The uncertainty surrounding the trade war has left Baldassi feeling stressed, calling for Prime Minister Mark Carney to stand firm against the American demands.

Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at winnipegfreepress.com →

More in Business

Hong Kong airport embraces future of travel with Terminal 2

When Hong Kong International Airport (HKIA) opened in 1998 to replace its predecessor, the iconic Kai Tak Airport, the world was amazed by its engineering and architectural marvels. HKIA’s construction transformed the geography of northern Lantau Island, adding 1 per cent to the city’s total land mass by reclaiming land to connect two…

Hong Kong airport embraces future of travel with Terminal 2

When Hong Kong International Airport (HKIA) opened in 1998 to replace its predecessor, the iconic Kai Tak Airport, the world was amazed by its engineering and architectural marvels. HKIA’s construction transformed the geography of northern Lantau Island, adding 1 per cent to the city’s total land mass by reclaiming land to connect two…

More from Monday 24 August →