Ontario businesses are significantly affected by Donald Trump's tariff war, causing them to seek new trading partners amid deep uncertainty. The chaotic nature of Trump's trade policies has undermined decades of trust between Canada and the U.S., according to business representatives. The unpredictability of Trump's decisions has halted investments and prompted layoffs. Ontario Chamber of Commerce CEO Daniel Tisch emphasizes that even if a deal is made, there are concerns Trump might revert to unpredictable behaviour later.
The uncertainty has meant businesses across the province are now planning with an eye to Trump's mercurial behaviour, said Ontario Chamber of Commerce CEO Daniel Tisch.
Tisch said Trump's threats and subsequent backtracks on many of the tariffs have sowed seeds of doubt within many Canadian businesses.
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