Business owners are preparing for the impact of new tariffs on their operations. Patrice Hull, owner of apparel shop Stuff We Wanna Say, has already made adjustments over the past 18 months due to previous tariffs. She has started using alternative materials, such as vegan leather, and sourcing smaller items like wallets and sunglasses.

The new tariffs come after trade negotiations between the US and Canada broke down. President Trump has enacted a 50% tariff on some Canadian products. Further details on the tariffs and their potential effects are available.

The situation is being closely watched by business owners like Hull, who are bracing for the potential impact on their bottom line.