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Ottawa jewelers, small shops face tariff threats | CTV News Ottawa at Six for Tuesday, July 21, 2026

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1,955 views17likes45:28CTVNewsOriginal Release: 2026-07-22

Trade tariffs create economic uncertainty that affects small businesses beyond the directly targeted products, as businesses become reluctant to make major purchases from suppliers in countries with potential tariffs, leading to reduced investment, potential layoffs, and negative impacts on consumer spending and retail sales.