Trump tariff threat adds to pressure facing Quebec forestry industry, Legault says

📆 1/12/2024 16:48:00
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Quebec’s premier has been outspoken about Trump’s threat, saying last week that Ottawa must come up with a detailed plan to strengthen the border and avoid the tariff

In a statement posted to social media on Sunday, Francois Legault said high interest rates and existing duties on softwood lumber were already putting pressure on the sector, which he said accounts for more than 50,000 jobs in“It will be important to protect our economy and our businesses in the coming months, and we are already working on our strategy with the relevant ministers within the government,” he wrote in French.

The threat comes after the United States nearly doubled duties on softwood lumber imports from Canada to 14.5 per cent last August, part of a prolonged trade dispute.

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Quebec forest industry already under pressure amid Trump tariff threat: LegaultMONTREAL — Quebec's premier is raising concerns about the potential impact of the tariff proposed by U.S. president-elect Donald Trump on the province's forest industry.
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