Quote:
Originally Posted by CroFlames
I work in manufacturing in Canada. We plan to just add the tariff to invoices for US customers just like we add GST to invoices for Canadian customers.
There simply isn't enough profit margin to be able to absorb a 25% hit. We will likely lose customers and will be forced to lay Canadians off.
I can't speak for other industries.
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That's not how Tariffs work. No one will be paying the 25% to you. It gets billed directly to the buyer by the federal government after crossing the border. Pretty much the same result but the only control you would have would to give customers a discount that would offset the terrif.