welcome
CityNews

CityNews

Business

Business & Economics

Trump tariff 'whiplash' draws pandemic parallels as Canadian businesses scramble

CityNews
Summary
Nutrition label

71% Informative

Trump has imposed, paused and then imposed again, tariffs on countries including Canada .

Canadian businesses and individuals are doing their best to manage and prepare for whatever might come next.

Many shippers have found themselves in a form of stop-and-go traffic, where they're compelled to halt shipments in response to yet another tariff announcement from the White House .

In Surrey , B.C. , Ramona Kaptyn said she’s “afraid to look” at what the tariff situation has done to her retirement savings.

“I'm now in my latter 70-plus years, and if the market keeps crashing, I could easily outlive my savings,” she said.