BC Premier Eby says US tariffs would be ‘devastating’ for forest industry

By Brenna Owen
The Canadian Press in Business in Vancouver
November 27, 2024
Category: Business & Politics
Region: Canada, Canada West

VICTORIA — A 25-per-cent U.S. tariff on Canadian goods would be “devastating” for the province’s lumber and forestry industries, BC Premier David Eby said Wednesday ahead of a meeting with fellow premiers and the prime minister. …Eby said the lumber and forestry sectors are already strained by a recent increase in duties amid the ongoing U.S.-Canada dispute over softwood lumber. The tariffs are “unjustified,” and they would hurt Americans as much as they would Canadians, Eby said. …The premier said he believes B.C. has a strong case to make for the tariff being “badly placed” if Trump’s priority is to reduce costs for Americans. The tariffs would be paid by U.S. importers of Canadian products, potentially driving down demand. …The premier also said B.C. has to “redouble” its efforts to diversity its trading partners and recalled a trade mission to the Asia Pacific region in 2023.

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