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Canada’s forestry sector faces uncertainty with 25 per cent U.S. tariffs

  • The U.S. President has delayed a 25% tariff on Canadian lumber products for 30 days while discussions on border safety occur.
  • Prime Minister Justin Trudeau and industry leaders express concerns that the tariffs could harm both Canadian and U.S. Economies.
  • British Columbia Premier David Eby states that the tariffs would devastate the forestry sector, which is already facing challenges.
  • The National Association of Home Builders warns that tariffs will increase construction costs and hurt housing supply in the U.S.
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  • 84% of the sources lean Left
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