US-Canada trade war further taxes small businesses as costs rise during the Iran war

A trade war between the United States and Canada is increasing operational difficulties and costs for small businesses operating in both economically entwined nations, according to business owners affected by the conflict. The economic strain on these enterprises is further exacerbated by rising costs occurring during the Iran war.

In response to trade measures, Canada has imposed reciprocal tariffs affecting approximately $20 billion in trade. Business owners describe themselves as being caught in the crossfire of these escalating international trade tensions.