Stocks in B.C.’s three major publicly traded forestry companies were predictably down this morning (February 3), when stock markets opened after this weekend’s declaration of a trade war between the U.S., Canada and Mexico. U.S. stock markets were jolted, too, Monday morning, as was the S&P TSX composite Index. The Canadian dollar fell to $0.68 to the American dollar following Saturday’s confirmation that Trump will hit Canadian imports with 25 per cent tariffs, and 10 per cent tariffs on Canadian energy imports, beginning Tuesday. North American stocks fell sharply in early morning trading before recovering somewhat. Canadian companies that are highly exposed to the U.S. were jolted, with companies like West Fraser Timber, Canfor Corp and Interfor Corp. experiencing early morning drops of four, five and six per cent respectively, before correcting somewhat later in the morning.