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Canadians have been bracing for a trade war with U.S. President Donald Trump for months—and this week, it might actually kick into high gear. Washington has already imposed 25-percent tariffs on imported steel and aluminum, and is expected to add auto parts to the list as early as April 3. These acts are having devastating effects on Canada’s economy—especially Canadian entrepreneurs.
Many domestic business owners are pivoting. Some are focusing more on the Canadian market. Others are looking to expand in Europe and Australia. At least one Jewish business owner in Quebec moved his product assembly to Vermont, helping him keep his Canadian factory open.
On today’s episode of The CJN Daily, we check in with two Canadian Jewish business owners, who give us their perspective on the trade war. Noah Tepperman is the co-owner of Tepperman’s, a furniture and appliance retail chain headquarted in Windsor, Ont., celebrating its centennial this month; and Michael Wiesel joins from Knowlton, Quebec to explain how he’s trying to save his DIY craft kit business, Kiss Naturals, which relies on U.S. customers for 80 percent of its business.
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