Quebec forest industry already under pressure amid Trump tariff threat: Legault

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Quebec’s premier has raised concerns about the potential impact of the tariff proposed by U.S. president-elect Donald Trump on the province’s forest industry.

Maura Forrest, The Canadian PressDiana Avigdor, portfolio manager & head of trading at Barometer Capital Management, talks about products that could be affected by increased tariffs.

Legault’s comments echo those of British Columbia Premier David Eby, who told media last week that Trump’s plan to impose a tariff of 25 per cent on Canadian goods would be “devastating” for his province’s forest and lumber industry. 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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