‘A solid punch in the face:’ A look at the GTA businesses that could be impacted by promised tariffs
Proposed 25% tariffs by the U.S. threaten Canadian industries, including auto parts, food, and chemicals. Ultra-Form Manufacturing in Etobicoke anticipates losses, with Ontario’s auto industry too interdependent to easily unwind. Healthy Crunch in Mississauga fears rising costs will hurt U.S. expansion plans, jeopardizing competitiveness. Brampton-based Zochem warns of severe financial impacts, with 80% of its zinc oxide exports destined for the U.S.