Trump’s tariffs: concerns among wood producers

Trump’s tariffs: concerns among wood producers
Trump’s tariffs: concerns among wood producers

The United States’ threat to impose a 25% surcharge on Canadian imports worries private wood producers.

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These woodlot owners sell their production to industrial companies, which sell a significant part of their products south of the border.

They fear the impact of Donald Trump’s second term.

Already during his first term, President Trump had imposed a surtax on Canadian products, which had forced them to suffer a drop of 10% to 15% in their income.

If the pricing envisaged by the Americans actually reaches 25%, the wood producers’ union expects its members to suffer losses of several thousand dollars.

Some agreements with manufacturers are still valid for two and a half years, but already, companies want to negotiate contracts for only one year.

The regional union still sees clearings on the horizon.

American consumers could persuade their government of the perverse effects of this pricing, especially construction is picking up.

Canada

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