US tariffs impact

Canadian Boycott Punishes US Businesses Over Annexation Threats

In response to US tariffs and rhetoric, Canadian consumers are actively boycotting American products, impacting businesses across various sectors. This consumer-led boycott, coupled with retaliatory tariffs, is causing significant losses for US businesses, ranging from small, fair-trade spice companies to large grocery chains. The impact on the US agricultural sector is predicted to be substantial, particularly given the current climate of reduced government subsidies. Experts warn that the combination of the boycott and potential further retaliatory tariffs, especially from China, could severely impact US agricultural prices and farmer income.

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