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flag Canadian small businesses brace for revenue drops and price hikes due to U.S. tariffs.

flag Canadian small businesses face potential revenue drops and higher prices due to escalating U.S.-Canada tariffs. flag A Merchant Growth survey of over 200 businesses shows that 64% expect prices to rise and 51% foresee a revenue fall. flag With the U.S. imposing 25% tariffs on Canadian steel and aluminum, and planning further tariffs on vehicles, over half of businesses expect significant impacts within six months, and 32% within a month. flag Merchant Growth urges businesses to diversify and reassess supply chains to mitigate impacts.

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