The threat is already impacting his business, said Rahim Moloo, managing director and owner of Conquest Steel, a steel manufacturer and distributor based in Toronto. Some U.S. distributors are cancelling their purchase orders and leaving the company with a significant amount of inventory. Some Canadian distributors, meanwhile, have decided to stop shipping to the U.S. amid the ongoing uncertainty.
Canadian businesses already feeling the effects of Trump’s steel, aluminum tariff threat
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