B.C. Premier Eby says U.S. tariffs would be 'devastating' for forest industry

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 62 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 50%

Business News

Economy,Prairies/BC

A 25-per-cent U.S. tariff on Canadian goods would be “devastating” for the province’s lumber and forestry industries, British Columbia Premier David Eby said Wednesday ahead of a meeting with fellow premiers and the prime minister.

Brenna Owen, The Canadian PressCanadian Chamber of Commerce Chief Economist Stephen Tapp says Canada's response to Trump's tariff threats should be made cautiously.

Eby said before the meeting that the lumber and forestry sectors are already strained by a recent increase in duties amid the ongoing U.S.-Canada dispute over softwood lumber. B.C. is a source of natural gas, wood products, minerals and other products that U.S. businesses depend on, Eby said, and the tariff would hinder jobs and opportunities in the province while making “life more expensive for Americans.”

Eby said B.C. officials had repeatedly raised concerns with Ottawa over organized crime and illicit drugs, such as fentanyl, in relation to border security.But Eby said it “doesn’t justify the tariffs.” Legault said Wednesday that Ottawa shouldn’t try to deny that there’s a problem and instead present a plan to reassure Trump that Canada’s border is secure.“There are 13 of us plus the prime minister. It’s a big group of people with different political perspectives, but on this issue of ensuring that we’re protecting the people in our country from these unjustified tariffs, I believe we’re completely in line on that question.

“In Korea, in Japan, Singapore, these are really important relationships for British Columbia, and they will provide some buffer for us in moments like this.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. Premier Eby says U.S. tariffs would be 'devastating' for forest industryVICTORIA — British Columbia Premier David Eby says 25-per-cent U.S. tariffs on Canadian goods would be 'devastating' for the province's lumber and forestry industries.
Source: PGCitizen - 🏆 65. / 51 Read more »

B.C. Premier Eby says U.S. tariffs would be ‘devastating’ for forest industryA 25-per-cent U.S. tariff on Canadian goods would be 'devastating' for the province's lumber and forestry industries, Eby said Wednesday.
Source: CHEK_News - 🏆 59. / 55 Read more »