{
  "id": 1846808,
  "title": "Impending U.S. tariffs worrying small businesses even more than past threats: CFIB",
  "url": "https://urgent.news/2026/08/18/impending-u-s-tariffs-worrying-small-businesses-even-more-than-past-1846808",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-18T18:20:29.000Z",
  "source": {
    "name": "CityNews",
    "slug": "citynews",
    "url": "https://toronto.citynews.ca/2026/08/18/impending-u-s-tariffs-worrying-small-businesses-even-more-than-past-threats-cfib/"
  },
  "original_language": "en",
  "account": "The Canadian Federation of Independent Business (CFIB) president Dan Kelly reported that small business owners are under immense stress as the United States prepares to impose 50% tariffs on certain Canadian exports starting Wednesday. One Canadian manufacturer, whose business relies heavily on the U.S. market, fears that the tariffs could effectively end his business. Kelly shared examples of businesses like this, where owners have worked hard to build trade relationships with the United States, and are now facing significant financial stress. The looming tariffs impact a wide range of goods, including liquor, cement, honey, and hockey sticks. Many businesses are anxiously awaiting a resolution from negotiators and politicians working on the Canada-U.S.-Mexico trade pact, hoping to avoid the tariffs altogether. The stakes are high, with 102,000 Canadian jobs and 214,000 American jobs at risk if the trade agreement cannot be reached. Businesses are taking immediate actions, such as reassessing contracts, pricing, and supplies, and handling customer concerns. CFIB members are divided, with some expecting indirect effects from the tariffs, while others are fully prepared for the worst.",
  "summary": "The head of the Canadian Federation of Independent Business started Tuesday with an upsetting email from one of the association's 103,000 members.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Winnipeg Free Press",
        "title": "Impending U.S. tariffs worrying small businesses even more than past threats: CFIB",
        "url": "https://urgent.news/2026/08/18/impending-u-s-tariffs-worrying-small-businesses-even-more-than-past",
        "published": "2026-08-18T18:20:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}