Category Archives: Business & Politics

Business & Politics

United Steelworkers ratify collective bargaining agreement with Canadian Pacific Kansas City railway

Canadian Pacific Kansas City
March 17, 2025
Category: Business & Politics
Region: Canada

CALGARY, Alberta — Canadian Pacific Kansas City (CPKA) said that United Steelworkers (USW), representing approximately 600 clerical and intermodal employees in Canada, has ratified a new four-year collective agreement. …CPKC President and Chief Executive Officer Keith Creel said, “With this agreement and ratification, made possible through collaboration with the United Steelworkers, our railroaders remain focused on continuing to safely and efficiently serve our customers, moving Canada’s supply chain and supporting the North American economy.” This is the third new collective agreement ratified this year by CPKC employees in Canada. Teamsters Canada Rail Conference Maintenance of Way Employees Division representing approximately 2,300 engineering services employees in Canada and Unifor representing approximately 1,200 mechanical employees both ratified new four-year collective agreements in February.

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B.C. Insider: Softwood lumber showdown

By Wendy Cox
The Globe and Mail
March 18, 2025
Category: Business & Politics
Region: Canada

Despite decades of a fractious trade relationship between softwood producers in Canada and those in the U.S., the Canadian softwood lumber industry hasn’t liked to trumpet what it considers the superiority of its product because the two markets are so intertwined. Production has increased at U.S. sawmills in the past decade, including at facilities owned by companies with head offices in Canada. That’s now changing, with Canadian producers wanting to make plain to consumers in Canada, in the U.S. and no doubt, to potential new markets around the world, that the spruce, pine and fir grown north of the 49th parallel is a superior product. That’s because the growth rings are tighter than those found in the lumber in the U.S. South. It takes from 70 to 100 years before spruce, pine and fir (SPF) trees are considered ripe for harvesting in the B.C. Interior. By comparison, southern yellow pine trees are harvested after about 35 years. [a paid subscription is required to read this story]

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Softwood showdown: Canada touts superior lumber quality as US escalates trade battle

By Brent Jang
The Globe and Mail
March 17, 2025
Category: Business & Politics
Region: Canada, United States

As the cross-border trade war escalates, Canada’s softwood lumber industry has an advantage on its side that no tariff can completely erase – its product is objectively better than much of the timber harvested from US forests. Softwood supplies, especially from BC and Alberta, are widely viewed as more desirable for wood framing because the growth rings are tighter than those found in lumber in the US South. In the milder climate of the U.S. South, the growing season is much faster. It takes about 35 years before southern yellow pine (SYP) trees are harvested. …Canada’s secret weapon, however, is hiding in plain sight. Tighter growth rings tend to result in quality two-by-four or two-by-six SPF boards for home builders, meaning walls that will stay straight. Compared with American SYP lumber, Canadian SPF is also lighter in weight. …Eastern SYP is currently selling at lower prices when compared with SPF. “SYP is an imperfect substitute for SPF,” RBC Capital Markets analyst Matthew McKellar said. [to access the full story a Globe & Mail subscription is required]

Related coverage by Kevin Klein in The Winnipeg Sun:

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Tariff wars: Canada’s new prime minister faces a trade war with the US president

By Samee Lashari, professor at Houston Community College
The News International
March 16, 2025
Category: Business & Politics
Region: Canada, United States

Canada and the United States are one of the most connected pairs of economies in the world. The daily volume of the bilateral trade is about $2 billion. Prominent Canadian exports to the US include energy products, particularly oil, natural gas and electricity; automotive products, including vehicles and auto parts; forestry products such as lumber and paper; agricultural goods, notably grains, livestock, dairyand processed foods; and metals and minerals like aluminum and steel. In 2023, the volume of US-Canada trade was over $750 billion. More importantly, this trade is quite one-sided; 75 percent of Canadian exports end up in the United States. …So far, Americ’s trading partners have responded to the tariff actions in a tit-for-tat manner. Any new tariff from the United States has received an immediate reaction from the European Union and Canada alike. Coupled with geopolitical tensions in Russia-Ukraine war, it seems a whole new great reset in action. 

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2024 Annual Report: Forest Products Association of Canada

Forest Products Association of Canada
March 17, 2025
Category: Business & Politics
Region: Canada

This year, Canadian forest companies and their employees continued to navigate a rapidly changing political, economic, and trade environment. Customers, investors, and local communities have a shared interest in good environmental outcomes and sustaining and growing family-supporting jobs. As a global leader in sustainable forest management and responsible sourcing, Canada’s forest sector and its people have met these challenges head-on. In 2024, FPAC and its members continued to make meaningful strides on climate action, biodiversity conservation, and expanded partnerships with Indigenous Peoples and inclusion of Indigenous knowledge into Sustainable Forest Management. Buyers of Canadian forest products can be confident that measures to improve environmental performance, strengthen relationships with Indigenous Peoples, and provide the highest quality of products are being implemented across our operations and throughout the country – ensuring that forestry practices in Canada contribute to maintaining and supporting the ecosystems, wildlife, and people that rely on them now and for generations to come.

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Canadian ministers, Ontario premier to meet with Lutnick as tariff fight continues

By Kelly Malone
The Canadian Press in CP24 News
March 13, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON — Canadian officials are set to meet with the U.S. commerce secretary in Washington today — days after a dust-up with U.S. President Donald Trump that ended with Ontario pausing its surcharge on electricity exports to the United States. Finance Minister Dominic LeBlanc, Ambassador to the U.S. Kirsten Hillman and Ontario Premier Doug Ford are meeting with Howard Lutnick, and Ford says his goal for the meeting is to get a coherent sense of the Trump administration’s plans for tariffs. …Elsewhere in the American capital, Trump’s choice for the next U.S ambassador to Canada is set to take questions today as the relationship between the two countries is strained by tariffs and threats of annexation. Pete Hoekstra, a former Michigan congressman, is scheduled to appear before the Senate Foreign Relations Committee for a nomination hearing.

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Trump is furious that Canada won’t take his tariffs lying down

By the Editorial Board
The Wall Street Journal
March 11, 2025
Category: Business & Politics
Region: Canada, United States

Doug Ford

President Trump wanted a trade war with the world, and Americans are getting it, good and hard. Stock prices continued to decline on Tuesday amid the latest Canada-U.S. tariff tit-for-tat. Ontario premier Doug Ford said he was raising the price of his province’s electricity exports to the U.S. by 25% in response to Mr. Trump’s on-and-off 25% tariffs on Canada. Mr. Trump went ballistic, even by his standards. …His exhortation that Canada become a US state is a tacit acknowledgment that the two economies are deeply integrated. His splendid little tariff war will harm businesses and consumers on both sides of the border. …Ontario’s Mr. Ford and Mr. Lutnick plan to meet Thursday. …The trouble with trade wars is that once they begin they can quickly escalate and get out of control. …We said from the beginning that this North American trade war is the dumbest in history, and we were being kind. [to access the full story a WSJ subscription s required]

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With U.S. tariffs on the horizon, Province strengthens forestry sector

Ministry of Forests
The Province of BC
March 18, 2025
Category: Business & Politics
Region: Canada, Canada West

Ravi Parmar, Minister of Forests, celebrated the official opening of Canoe Forest Products’ new kiln. The new kiln was made possible with funding from the Province’s BC Manufacturing Jobs Fund (BCMJF). …Canoe received more than $2.2 million in November 2023 to commission a new kiln, boosting both production and sustainability at its operation in Salmon Arm and help protect 200 jobs. …Parmar accompanied Canoe employees, community guests, and Nick Arkle, CEO of the Gorman Group, at an opening ribbon-cutting ceremony. …Parmar is also visited Tolko Industries who received $8 million to help expand Tolko’s Heffley Creek operation. Family-run Gilbert Smith Forest Products in Barriere received $1.1 million to support facility modernization and new equipment. AcuTruss Industries in Vernon received $100,000 to support the purchase and commissioning of equipment to manufacture precision cut I-joists through automation.

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North Cowichan braces for US tariffs facing some of its largest employers

By Kendall Hanson
Chek News
March 18, 2025
Category: Business & Politics
Region: Canada, Canada West

Rob Douglas

The municipality of North Cowichan is bracing for potentially higher U.S. tariffs on forestry. It’s a levy that could have a catastrophic impact on some of its largest employers. At a Chemainus sawmill, staff has been running flat out trying to get wood cut and moved down to their U.S. customers. “People down in the States are panicking, so they’re trying to get everything across the border as fast as they can”, Mike Beltgens, one of the owners of Paulcan and Jemico Enterprises. The US is poised to slap another, pushing the total tariff up to 40%. …The mayor of North Cowichan is worried about the impacts of tariffs on companies in his municipality, including at the Western Forest Products sawmill, which is also highly reliant on the U.S. market. …He says the Crofton mill, owned by Domtar, relies on working sawmills for its chip supply. 

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Housing far from immune to tariff war

By Joanne Paulson
Saskatoon StarPhoenix
March 19, 2025
Category: Business & Politics
Region: Canada, Canada West

Lumber and other costs could soar … but that’s not even the biggest problem. First, Canada was hit with tariffs. Then it wasn’t. Then came March 4, a.k.a. Tariff Tuesday. Then the U.S. stock markets tanked and big American industries — including the auto sector — ramped up their tariff objections. Then we had Oops Never Mind About Those Tariffs For Now Thursday. …As it stands, Canada has a second tariff reprieve on goods covered under the Canada-U.S.-Mexico Free Trade Agreement. Until April 2. So this trade war is far from over. Whether directly or due to instability, it affects every aspect of our economy — and that includes housing. …While builders can use Canadian lumber, of course, other materials and products are traditionally imported largely from the U.S. These include appliances, glass windows and doors, ceramic tiles, hardware components such as fasteners, and machinery and tools.

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Forests minister in the Okanagan as industry braces for tariffs

By Colin Dacre
Castanet
March 18, 2025
Category: Business & Politics
Region: Canada, Canada West

Forests minister Ravi Parmar is in the Okanagan this week meeting with an industry under siege. Longtime systemic challenges facing the forest sector have been exacerbated by escalating tariffs on softwood lumber by the Trump administration… Mill owners have been critical of BCTS for failing to get timber to market and not meeting its quotas. Parmar says he’s been tasked with getting the province back up to a harvest level of 45 million cubic metres annually. The province harvested 35 million cubic metres in 2023. “I think we can do that without a doubt,” he said, acknowledging that permitting is only half the battle… “A lot of people think it’s just permits that are holding us back from a strong and vibrant forest sector. And if that was the case, I think we could address the problem fairly quickly, to some extent. But it’s broader than that.”

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North Cowichan looks to respond to U.S. tariffs

By Robert Barron
Cowichan Valley Citizen
March 17, 2025
Category: Business & Politics
Region: Canada, Canada West

The Municipality of North Cowichan is looking for ways to respond to the new U.S. tariffs imposed by President Donald Trump… Mayor Rob Douglas said North Cowichan has businesses and major employers, particularly in the forest sector, that are dependent on U.S. markets and are bracing for what the future is going to look like. He said he recently met with officials at Western Forest Products, which operates two sawmills and a remanufacturing plant in the municipality. WFP is one of North Cowichan’s biggest taxpayers and one of its largest employers. “I’m also going to meet Paper Excellence [owner of the Crofton mill] to discuss their challenges as well and what we can do to support them. I’ve reached out to the province for a meeting to discuss these issues.” said Douglas.

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Domtar to return village site to Tla’amin Nation

By Nelson Bennett
Business in Vancouver
March 17, 2025
Category: Business & Politics
Region: Canada, Canada West

Domtar has reached a deal with the Tla’amin Nation in Powell River to return an historical village site now occupied by the shuttered Catalyst paper mill. In a joint press release, the Tla’amin and Domtar – a subsidiary of the Paper Excellence Group – announced that a “significant portion” of the 300-acre site owned by Domtar and occupied by the now-shuttered pulp and paper mill, will be returned to the Tla’amin. …It’s not clear at this point whether the former Domtar property being deeded over to the Tla’amin would become treaty title land or remain fee simple, though there typically are provisions in modern treaties for lands acquired post-treaty implementation to become added as treaty title lands. Under the new agreement, a “large portion” of the mill site will be acquired by the Tla’amin, with the remaining land to be sold by Domtar.

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Tla’amin Nation and Domtar Celebrate Historic Land Agreement

Domtar Corporation
March 17, 2025
Category: Business & Politics
Region: Canada West

TLA’AMIN TERRITORY, BC and RICHMOND, BC – Domtar (formerly Paper Excellence) and Tla’amin Nation have reached an historic agreement for the Nation to reacquire a substantial portion of the lands at the tiskwat paper mill site in Powell River, British Columbia. The two parties signed the agreement at a ceremony on Tla’amin Territory. tiskwat was a large and important village site that holds both historical and contemporary significance for the Tla’amin people. The agreement is the result of years of work and commitment by both parties who overcame initial apprehensions to develop trust and work together in the spirit of collaboration and cooperation. That work began with the renaming of the mill site in 2021 to tiskwat and continued in a mutually respectful way to reach today’s agreement. The agreement honours both the historic significance and future potential of the lands.

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A Canadian forests minister says US relationship changed ‘forever’

Reuters in Yahoo! News
March 13, 2025
Category: Business & Politics
Region: Canada, Canada West

Ravi Parmar

VIDEO STORY: “If there’s one thing that we’ve learned from the threat of President Trump’s tariffs is our relationship with the United States has changed forever. Not just on lumber, but on all goods and services.” “The president ran on this campaign of building more housing. This tariff, this tax, is really a tax on middle class Americans. Middle class Americans who just want to build homes in their communities… are going to have to pay more, in some cases 20% to 30% to 40% more just to build their home or rebuild their home.” “We think we can continue to play a role in supporting the infrastructure that Americans need. But also, we’re going to diversify, and I think in the future, there will be a president in the future that will be coming screaming to Canada, saying we need your lumber.”

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New tools allow B.C. to rapidly respond to US tariffs

Government of British Columbia
March 13, 2025
Category: Business & Politics
Region: Canada, Canada West

Legislation has been introduced to strengthen BC’s ability to respond quickly to threats of tariffs imposed on Canada by the US, to grow a more self-reliant economy, and to defend workers and businesses. …If passed, the act will enable the BC government to be nimble in its response, giving government time to develop more long-term responses. A focus on expanding interprovincial trade and moving procurement away from American vendors will help encourage greater reliance on goods and services made in Canada. …The act will automatically be repealed by 2027 at the latest. …The legislation allows government to: ​1. Temporarily modify the application or effect of BC laws and regulations to defend BC from challenges brought on by the continued tariff and sovereignty threats. …2. Reduce or eliminate barriers to interprovincial trade. …3. Impose tolls/fees on specified vehicles using provincial public infrastructure such as highways …4. Provide procurement directives to public bodies.

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Community mourning former North Cowichan mayor Tom Walker

Oak Bay News
March 11, 2025
Category: Business & Politics
Region: Canada, Canada West

Tom Walker

Tom Walker, a former mayor of North Cowichan and recipient of the Freedom of the Municipality award, died on March 7. Walker was elected to North Cowichan council in 1991 and served 17 years …as a councillor, and three years as mayor of North Cowichan from 2008 to 2011. During that time, Walker served as chair of the Cowichan Valley Regional District board for three terms, and he was also chair on the forestry advisory committee and one of the six founding members of the forestry committee in the early 1980s. In 2018, the Forest Legacy and Bursary Scholarship was renamed the Tom Walker Forest Legacy Bursary Scholarship. …Walker worked for the BC Forest Service for 35 years and in 1980, he was appointed the district manager of the Duncan Forest District. …Walker was appointed by the province as a lay councillor on the board of the Association of BC Professional Foresters [and] was  past president of the BC Forest Discovery Centre…

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Rising tariffs, skyrocketing duties and an Albertan forestry industry in need of support at home

By Serena Lapointe
The Whitecourt Press
March 11, 2025
Category: Business & Politics
Region: Canada, Canada West

Brock Mulligan

With the United States changing up its tariff system, placing a 25 percent tax on incoming goods from Canada and Mexico, among other countries, and seeking to impose reciprocal taxes on all countries that import into the USA, essentially charging the same tariffs on countries that already charge tariffs on The United States, industry leaders in Alberta are looking to their allies for support. At a recent Whitecourt Town Council meeting, Brock Mulligan, Senior Vice President of the Alberta Forest Products Association (AFPA), presented an overview of what Alberta’s forestry industry is facing and how community leaders can help support changes by advocating to the provincial government. …The AFPA requested that Whitecourt Town Council send a letter to the provincial government. “The letter, we were hoping, would talk about some of the mitigative actions that could be taken to help us through this time.”

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Viral Vernonite shifts content from humourous to political amid trade war, upcoming federal election

By Chelsey Mutter
Castanet
March 12, 2025
Category: Business & Politics
Region: Canada, Canada West

A Vernon internet personality known for her funny online responses has shifted to creating political content with an upcoming federal election and ongoing trade war with the United States. Vernonite Elle James, known online as Shameless Elle, has been creating content for years, primarily making humorous reaction videos. Things started to shift for James during the most recent U.S presidential election. In a recent video, James responded to a video of U.S. President Donald Trump talking about not needing to buy lumber from other places. “We [Canada] don’t have a tariff on lumber, you [U.S.] have a tariff on lumber, which you put in,” said James in the video. “You put it in in 2017.” Vernon-based forestry company Tolko has been lamenting the tariffs for years, citing them as a reason for mill closures and temporary shutdowns.

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New Democrats Party Workers for Canada plan to support B.C. jobs and workers

New Democrat Party of Canada News Release
March 10, 2025
Category: Business & Politics
Region: Canada, Canada West

In the face of Donald Trump’s attacks on Canada, Jagmeet Singh and the NDP have a plan to protect workers, fight for Canada and its economy, and build, build, build using British Columbia forestry products and other resources and skills. “Let’s build, build, build—from hospitals to bridges to the affordable homes we need, and let’s do it using 100 per cent Canadian lumber and other B.C. grown and B.C. built products as much as possible,” said Singh. “We can make sure B.C. workers keep working, keep putting food on the table and keep building this great country.” B.C. businesses say Trump’s tariff fight is already causing layoffs and chaos. Forestry supports over 100,000 direct and indirect jobs in B.C., paying $9.1 billion in wages, salaries and benefits annually. More than 4,800 Indigenous people are directly employed in the forestry industry in the province.

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Stein Lumber Expands with Acquisition of The Teal Jones Group Lumber Remanufacturing Plant in Salmon Arm

By Stein Lumber Corp
LinkedIn
March 10, 2025
Category: Business & Politics
Region: Canada, Canada West

Stein Lumber is pleased to announce its acquisition of the Teal Jones’ Lumber remanufacturing plant in Salmon Arm, British Columbia. This purchase reflects Stein Lumber’s commitment to investing in British Columbia’s forestry industry and expanding its production of high-quality, value-added wood products. This strategic acquisition strengthens the company’s capacity to serve markets across North America and Europe while supporting the growth of British Columbia’s forestry sector. The addition of the Salmon Arm facility enhances its ability to meet the increasing demand for value-added wood products. We would like to thank the Teal Jones Group for their support throughout this transition. This investment reinforces our dedication to fostering economic growth and delivering innovative solutions for customers worldwide.

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Strong regional sawmills, other forestry operations, can withstand ‘economic war,’ labour leader says

By Matt Prokopchuk
Northern Ontario Business
March 14, 2025
Category: Business & Politics
Region: Canada, Canada East

THUNDER BAY — Sawmills and other forestry sector plants that already have established and diversified operations will likely be spared the worst of any trade war fallout. That’s according to Stephen Boon, the northern area director for Unifor, the union that represents about 360 workers at sawmills in Ear Falls and Thunder Bay, as well as employees at a number of other forestry operations across the Northwest. For example, Boon said that the Interfor-owned mill in Ear Falls is “one of their better mills in eastern Canada.” …Same goes for the Domtar operation in Thunder Bay, he said. That’s all assuming that U.S. President Donald Trump and his regime don’t “drive the U.S. economy into a recession,” Boon said. …“Some of our operations are better situated, even some of our OSB plants in the area, they have a specialized product that’s hard to replace,” Boon said.

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Domtar didn’t breach agreement by not scheduling two electricians at idle pulp mill: Arbitrator

HR Law Canada
March 11, 2025
Category: Business & Politics
Region: Canada, Canada East

An arbitrator has dismissed a grievance by the International Brotherhood of Electrical Workers, Local 956, which alleged that Domtar violated minimum staffing provisions of its collective agreement after idling a pulp and paper mill in Espanola, Ontario. The ruling found that the agreement did not contain a minimum staffing requirement mandating two electricians on every shift. The dispute arose after Domtar, facing financial difficulties and requiring significant capital investment, idled its operations, leading to layoffs affecting 95% of the workforce. The union argued that Article 38 of the collective agreement required a minimum of two first-class electricians on-site at all times and that the employer had failed to adhere to this provision. The employer countered that Article 38 was not a true minimum staffing clause but part of a broader trades flexibility model. …Ultimately, the arbitrator ruled in favour of Domtar, concluding that the grievance failed to establish a violation of the collective agreement, OHSA regulations, or employer policies. 

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Northern Pulp seeking $2.5 billion in private-public funding to build new pulp mill

By Michael MacDonald
The Canadian Press in CTV News
March 11, 2025
Category: Business & Politics
Region: Canada, Canada East

HALIFAX — Northern Pulp, the company behind a Nova Scotia mill that shut down four years ago amid environmental shortcomings, says it will cost $2.5 billion to build a new, cutting-edge plant on the province’s southwest shore. But the company says the proposed project, which will require private and public funding, does not currently meet its required rate of profitability — and it wants until early May to secure financing. “The company will use the extension period to continue working to identify … potential financing opportunities,” the company said. “The company will begin steps to prepare for a sales process of Northern Pulp’s assets if a new mill is not feasible.” The insolvent company, owned by Paper Excellence Group also said it will be asking a BC judge to extend its court-ordered protection from creditors on Friday. The Nova Scotia government said that as a secured creditor, it would agree to a five-week extension.

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Quebec’s Saguenay-Lac-St-Jean haunted by looming U.S. tariffs on aluminum, lumber

By Thomas Laberge and Pierre Saint-Arnaud
The Canadian Press in the Financial Post
March 10, 2025
Category: Business & Politics
Region: Canada, Canada East

SAGUENAY, QUE. — Wood, as well as aluminum, are economic drivers in Quebec’s Saguenay-Lac-St-Jean region north of Quebec City. The … looming 25 per cent tariffs are leaving businesses in Saguenay-Lac-St-Jean bracing for impact. Inotech, a company that specializes in manufacturing equipment for the wood industry, said the economic disruption started in early February, when Trump had initially promised to impose tariffs, before delaying them. “In Quebec, the entire wood market was paralyzed,” said Michel Marceau, the company’s CEO. “People are waiting to see what will happen and during this time, no one is investing,” added Michael Dufour, Inotech’s sales director. A recent study from the Canadian Chamber of Commerce identified Saguenay and Drummondville — a city northeast of Montreal — among the Canadian cities most vulnerable to U.S. tariffs.

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Sawmill expected to withstand trade war

By Sandi Krasowski
Chronicle Journal
March 11, 2025
Category: Business & Politics
Region: Canada, Canada East

The Domtar saw mill, formerly Resolute, in Thunder Bay exports almost 90 per cent of its produced softwood lumber to the U.S., and like the many other Northwestern Ontario mills in the forestry sector, will likely not feel serious impacts from the U.S. government’s imposed 25 per cent tariffs, a local union official says. The impact is expected to be felt by the Americans. Stephen Boon, the northern area director for the Unifor union, called the pending 25 per cent tariff on softwood lumber a “double whammy” as lumber producers deal with existing tariffs. …”Trump has said he doesn’t need (Canada’s) lumber while we still provide the U.S. with 25 per cent of it…,” Boon said, calling Trump’s claims a “bluster.” “It’s not a factual statement. They do need our lumber, and even if he tries to open up federal forests for logging, it’s not something that’s going to happen overnight.”

 

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Cepi calls on EU Commission to continue US tariff negotiations

Packaging Europe
March 19, 2025
Category: Business & Politics
Region: United States, International

Following the US government’s imposed tariffs on steel and aluminium, Cepi has called on the European Commission to continue negotiations, citing the potential for future tariffs including pulp and paper and aiming to avoid supply chain disruptions. Cepi is currently taking part in a consultation launched by the European Commission. …The confederation asks the Commission to exclude from such EU retaliation list products that risk being in short supply in the EU. …According to Cepi, the EU imports around 900,000 tonnes of pulp per year from the US and close to 600,000 tonnes of paper and board, while the EU exports about 1600,000 tonnes of paper and board to the US and around 350,000 tonnes of pulp. It states that since a multilateral agreement of all major pulp and paper producers in January 2004, there have been no import tariffs on both sides of the Atlantic.

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With Trump’s zigzag actions on trade, March came in like a lion and won’t be going out like a lamb

By Calvin Woodward
The Associated Press
March 15, 2025
Category: Business & Politics
Region: United States, International

WASHINGTON — A gobsmacked planet is wondering what’s next from President Donald Trump on the tariff spree he’s set in zigzag motion. In recent weeks, Trump has announced punishing tariffs against allies and adversaries alike, selectively paused and imposed them, doubled and then halved some, and warned late in the week that he’ll tax European wine and spirits a stratospheric 200% if the European Union doesn’t drop a 50% tariff on U.S. whiskey. His ultimate stated goal is clear: to revive American manufacturing and win compromises along the way. But people and nations whose fortunes rise and fall on trade are trying to divine a method to his machinations. So far, he’s spurred fears about slower growth and higher inflation that are dragging down the stock market and consumer confidence. “His tariff policy is erratic,” Robert Halver, at Germany’s Baader Bank, said. “So, there is no planning certainty at all.”

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New Hampshire rural communities need trade stability

By Jameson French, Joe Carrier & Jason Stock, Northland Forest Products
The Concord Monitor
March 13, 2025
Category: Business & Politics
Region: United States

Anyone following the ongoing trade and tariff debate could ask, “Why would a lumber company or timberland owners care about international trade or tariff issues?” The answer is simple: The logs and lumber we grow and mill are sought after around the globe. New Hampshire is the second most forested state in the nation. …Logs and lumber flow freely across New Hampshire’s northern border with Canada, while international markets purchase lumber and logs grown and milled in the Granite State. But growing and processing logs into lumber takes time. The investments made by land and mill owners to grow, mill, dry and plane lumber take months and, in the case of growing timber, decades. …During the last trade conflict with China and Canada in 2018, several northern New England hardwood sawmills saw a 40% decrease in lumber value and sales. Meanwhile, their raw material costs increased as much as 18%.

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Lutnick sets April 1 public comment deadline in copper, lumber import review

By Doug Palmer
PoliticoPro
March 12, 2025
Category: Business & Politics
Region: United States

The Commerce Department’s Bureau of Industry and Security (BIS) has formally launched two Section 232 investigations that could lead to import restrictions on copper and lumber and timber, according to Federal Register notices scheduled for publication on Thursday. Trump signed an executive order on Feb. 25 ordering the copper probe and another on March 1 for lumber and timber. Both instructed Commerce Secretary Howard Lutnick to start the investigations, which threaten to further strain trade relations with Canada and other trading partners. The Section 232 law allows up to 270 days for a probe, but White House officials said they expect Lutnick to move faster. In one sign of that, BIS set an extremely short period for public comment in the two investigations, ending on April 1. that coincides with the deadline for executive branch agencies to compete a number of trade reports for the White House. [to access the full story a PoliticoPro subscription is required]

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Who’s hit by tariff war crossfire? Wine, plastics and pulp & paper top list of sectors

By Peggy Corbin & Gerardo Fortuna
Euro News
March 14, 2025
Category: Business & Politics
Region: United States, International

European industry is scrutinising the list of products drawn up by the European Commission in response to US tariffs on steel and aluminium, and not everyone is pleased. EU tariffs on American products are adversely affecting EU manufacturers of wines, plastics and pulp among other sectors relying on imported products hit by tariffs or caught as collateral victims of the trade war between both sides of the Atlantic. …The European pulp and paper industry has also reacted after seeing imports of the products from the US on the EU list. The EU imported €962 millions’ worth of pulp and €650 millions worth of paper and board from the US in 2023. In exchange European exports of pulp and paper and board were worth €238 million and €2.4 billion respectively. The sector has no interest in a trade war with the Americans. Jori Ringman, Director General, said that “EU and US consumers who need basic hygiene products” were going to be impacted as well as “a whole range of sectors using paper packaging.”

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AF&PA Applauds Overdue EPA Regulatory Reconsiderations

The American Forest & Paper Association
March 12, 2025
Category: Business & Politics
Region: United States

WASHINGTON – The American Forest & Paper Association (AF&PA) President and CEO Heidi Brock today issued the following statement in response to U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announcing actions reconsidering or ending various regulations that present growing challenges to U.S. pulp, paper and wood products manufacturers: “AF&PA has long communicated the need to dramatically improve the regulatory process to better serve the public interest, create jobs and strengthen the competitiveness of U.S. pulp, paper and wood products manufacturers. …In particular, AF&PA notes significant progress on the following:

  • Reconsideration of Particulate Matter National Ambient Air Quality Standards, which has created permitting gridlock across the country (PM 2.5 NAAQS)
  • Ending the “Good Neighbor Plan,” which inappropriately included our industry as we did not meet the statutory criteria
  • Reconsideration of multiple National Emission Standards for Hazardous Air Pollutants for manufacturing sectors (NESHAPs), which will avoid unachievable rules with significant costs and limited benefits

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EU responds to Trump’s steel and aluminum tariffs with 26 billion euros in tariffs on US products

By Simone de la Feld
EU News
March 12, 2025
Category: Business & Politics
Region: United States, International

Ursula von der Leyen

BRUSSELS – “Strong and proportionate,” and above all, immediate countermeasures. The European Union… returns the favor to its overseas ally. From April 1, Brussels will apply tariffs on US goods worth up to 26 billion euros. While striking with one hand, Ursula von der Leyen extends the other toward Donald Trump: “We will always remain open to negotiation,” the EU leader said. The European Commission “deeply regrets” Trump’s move. …The EU has planned a two-step response: from April 1, the old rebalancing measures to the 2018 and 2020 tariffs, which apply to a range of products from boats to motorcycles to liquor like bourbon, will be reinstated. …A new package of tariffs on US products will go into effect in mid-April. This second round of countermeasures will cover steel and aluminum, textiles, leather goods, home appliances, household utensils, plastics, wood products. …Products subject to these measures include lumber, plywood, veneer, flooring, chipboard, fiberboard, pulp, and paper products.

Related coverage in Euro News: Trump escalates with 200% tariff on EU alcohol imports

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Vietnam wood exporters wary about surging tariff pressures

Vietnam Investment Review
March 13, 2025
Category: Business & Politics
Region: United States, International

In 2025, Vietnam’s wood industry is targeting $18-18.5 billion in total export value, up 10%-15% on-year. Ngo Sy Hoai, vice chairman of the Vietnam Timber and Forest Products Association (Viforest), revealed that under normal conditions, the goal would be achievable. However, in the current context of global trade turbulence, it is hard to determine whether the target will be realised. US President Donald Trump recently instructed the Department of Commerce to investigate under Section 232 of the 1962 Trade Expansion Act regarding wood and wood products. This could result in tariffs of up to 25% on sawn wood and forestry products, effective as of April 2. The US is accounts for over half of Vietnam’s wood exports, primarily furniture, interior and exterior wood products, carpentry, and refined products, with some plywood, laminated boards, and several other products also being exported. Hoai noted, “Vietnamese wood businesses are on tenterhooks.”

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Sherwood Lumber Announces Leadership Transition: Michael Goodman Named President

By Sherwood Lumber
Newswire
March 14, 2025
Category: Business & Politics
Region: United States, US East

Andy Goodman

MELVILLE, New York — Sherwood Lumber, a national distributor of building materials, announced that Michael Goodman has been appointed as the company’s new President. This transition marks an important milestone in Sherwood Lumber’s 70-year history, as Michael succeeds his father, Andy Goodman, who has led the company for nearly four decades. Andy Goodman will remain actively involved in the company, continuing to support its growth and vision, while stepping back from day-to-day decision-making. …Michael Goodman has spent his career working across all aspects of the business, playing a key role in Sherwood’s continued success.

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EU tariffs to target US wood products

By Larry Adams
The Woodworking Network
March 14, 2025
Category: Business & Politics
Region: United States, US East

President Trump has enacted additional tariffs. This time with countries in Europe and as a result the European Commission is ready to retaliate with tariffs of its own including tariffs on a variety of wood products from the United States. …According to the National Hardwood Lumber Association, the European Union has proposed retaliatory tariffs on U.S. wood products in response to U.S. tariffs on European steel and aluminum. These tariffs, which include lumber, veneer, moulding, flooring, plywood, OSB, and more, are set to take effect in April after a consultation period this month. …President of the European Commission, Ursula von der Leyen, said:  “The countermeasures we take today are strong but proportionate.” …She said the countermeasures will be introduced in two steps. Starting with April 1 and fully in place as of April 13.

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‘Mills will close down’: Industry experts warn against lumber trade war with Canada

By Brad Rogers
Fox 23 Maine
March 10, 2025
Category: Business & Politics
Region: United States, US East

PORTLAND — Lumber and dairy tariffs on Canada could impact Maine much more than other states because of our close trade ties to our northern neighbors. Maine imports about $200 million worth of lumber from Canada each year. Canada will likely push any new tariff costs onto U.S. customers. …But right now, the threat of lumber tariffs is prompting unpredictability and fear in the construction industry. “Our retailers are having difficulty keeping quotes with the builders,” Northeastern Retail Lumber Association President Rita Ferris said. “Builders are getting stressed out because they can’t promise a solid price to their customers. So there’s a big fear out there that things are going to slow down in a hurry.” …The Northeastern Retail Lumber Association says a lumber tariff will cut both ways. Ferris says a lumber trade war will hurt Canada and Maine. “Mills will close down, because who’s going to buy it at that price?” Ferris said.

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European Commission issues warning of a high risk of sanctions circumvention in plywood imports

The European Commission
March 18, 2025
Category: Business & Politics
Region: International

The European Commission issued an alert warning of a high risk of sanctions circumvention in birch plywood, a significant revenue source for Russia and Belarus. EU sanctions prohibit the purchase, import, or transfer—directly or indirectly—of plywood and other wood products originating in or exported from Russia or Belarus. Related services, including brokering, logistics support, and warehousing, are also banned. To bypass these restrictions, Russian and Belarusian producers use third-country companies to repackage and relabel their products, the Commission warned. These companies attempt to conceal the true origin of the goods by providing false or misleading documents. …Russian birch plywood has been subject to anti-dumping duties at import to the EU since 2021; following an investigation, these measures were extended to Kazakhstan and Türkiye in 2024.

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Malaysia’s timber industry faces threats on two fronts – US tariffs and CITES

By John Gilbert
The Sun
March 17, 2025
Category: Business & Politics
Region: International

KUALA LUMPUR, Malaysia — The proposed classification of two timber species commonly found in Malaysia as unsustainable by the United States and the European Union (EU) under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) will result in the cancellation of Malaysian timber exports to the US and the EU. The Timber Exporters’ Association of Malaysia (TEAM) treasurer Wong Kar Wai said that in addition to impending tariffs, the US and the EU are proposing to classify certain timber species common to Southeast Asia, including Malaysia – namely Shorea, locally known as Meranti, and Apitong, known as Keruing – under CITES despite being sustainably harvested and processed. “Keruing is a special type of timber primarily used for floorboards, with the US being its main market. A major buyer is the US military, which uses Keruing for the flooring of trucks and tanks due to its durability and strength.

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New Zealand & India strengthen forestry ties

Government of New Zealand
March 17, 2025
Category: Business & Politics
Region: International

Todd McClay

Agriculture and Trade Minister Todd McClay signed a new Memorandum of Cooperation (MOC) today during the Prime Minister’s Indian Trade Mission, reinforcing New Zealand’s commitment to enhancing collaboration with India in the forestry sector. “Our relationship with India is a key priority for New Zealand, and this agreement reflects our commitment to deepening this strategic partnership,” Mr McClay said. The MOC includes the development of bilateral forestry cooperation to continue mutual growth. New Zealand’s forestry exports to India have increased from $9.5 million in 2023 to an estimated $76.5 million in 2024. “Many of our forestry exporters have long-standing relationships in India and are keen to expand. This agreement will lay the groundwork for cooperation in sustainable forest management, agroforestry, research and innovation, education, and capacity building,” Mr McClay explained.

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