Frustration, worry and hope: Canadian businesses brace for the latest round of U.S. tariffs

https://i.cbc.ca/ais/2e255d3d-1de7-4b65-aa1e-90028fcfef54,1784672013419/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C0%2C4000%2C2250%29%3BResize%3D%28620%29" title="A transport truck crosses the Lewiston-Queenston Bridge from Canada to New York State.

Many Canadian goods will face a 50 per cent tariff as of Aug. 19 -- and that has business leaders on this side of the border worried about the impact." width="620" />

While some businesses plan to hold steady in the face of a new tariff threat, others are dreading what they say could be a death knell.

And with specific industries likely to be hit hard, business leaders are hoping the new threats could spur momentum on a trade deal with the U.S.