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Canadian trade groups and steel producers say tariffs are already harming cross‑border commerce

2932133 · April 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representatives from the Canadian Federation of Independent Business and the Canadian Steel Producers Association told the hearing that small businesses and steel makers in Canada see immediate declines in optimism and rising costs from U.S. tariffs and reciprocal Canadian measures.

Canadian business and steel industry representatives described rapid business sentiment shifts and concrete industry impacts from the recent tariff actions.

Dan Kelly, president of the Canadian Federation of Independent Business, told lawmakers that CFIB polling shows a steep drop in small‑business optimism since the U.S. tariff announcements. Kelly said 16% of CFIB members export directly to the…

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