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Canadian businesses fear ‘vortex of downward pressures’ from Donald Trump’s tariffs

Renewed trade war has inflicted pain and uncertainty on companies that deal with US

In a suburb west of Toronto, Martin Richards, who runs Imperial Productions, is on the frontline of an intensifying US trade war just by exporting concrete columns and wood railings.

Over the weekend, sending some of his 10,000 architectural products to the US became dramatically more expensive.

“Tariffs mean higher prices and fewer buyers,” he said. “The unknown is how much will I lose?”

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