Category Archives: Business & Politics

Business & Politics

Trump orders probe into alleged dumping of lumber in US market

By Myles McCormick and Ilya Gridneff
The Financial Times
March 1, 2025
Category: Business & Politics
Region: Canada, United States

Donald Trump has ordered a probe into dumping in the US lumber market, setting the stage for the industry to join the widening basket of commodities targeted by Washington’s global trade war.  The president directed the Department of Commerce to investigate whether imports of lumber and wood products were undermining domestic loggers in a way that posed a risk to US national security, days after ordering a similar review of the copper industry. …Forestry is big business for Canada. In 2022, the sector contributed C$33.4bn to real GDP, or about 1.2%. In the same year Canada’s forest product exports were valued at C$45.6bn, with the majority destined for the US. …Derek Nighbor, FPAC president, said any increase in tariffs on lumber would hurt forest sector employees on both sides of the border. …But Andrew Miller, chair of the US Lumber Coalition, said: “Canada’s unfair trade comes at the direct expense of US companies and workers.”

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US tariffs on Canada still coming Tuesday, but it may not be 25%: Lutnick

By Sean Previl
Global News
March 2, 2025
Category: Business & Politics
Region: Canada, United States

Howard Lutnick

US President Donald Trump’s commerce secretary said the tariffs on Canada and Mexico are still coming Tuesday, though he appeared to suggest there could be changes to the original 25% plan. Howard Lutnick said on Fox News’ Sunday that there would be tariffs on Canada and Mexico starting on the announced March 4 date, though Trump would determine at what levels. …“Exactly what they are, we’re going to leave that for the president and his team to negotiate.” …However, Lutnick told Fox News host Maria Bartiromo that Canada and Mexico had done a “reasonable job on the border.” Data from the US Customs and Border Protection agency shows that in January, fentanyl seizures at the Canada-U.S. border dropped to its lowest levels since 2023, with less than 14 grams seized during the month. Over 19 kilograms of fentanyl from Canada were apprehended in the last fiscal year.

In related coverage by Kelly Malone in the Canadian Press: Canada waiting to see if Trump starts North American trade war with steep tariffs

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Trump wood product investigation threatens Canadian softwood

Unifor Canada
March 2, 2025
Category: Business & Politics
Region: Canada, United States

TORONTO—A new executive order by U.S. President Donald Trump to launch a s. 232 (National Security) investigation into wood products imported into the United States is a direct threat to Canadian softwood lumber and downstream wood products, placing thousands of jobs across Canada at risk. “To suggest our lumber and byproducts are a threat to American security is ludicrous but Trump is going back to his playbook to twist regulations to continue sustained attacks on the Canadian softwood industry and the jobs that depend on it,” said Unifor National President Lana Payne. …“The existing unjustified duties have already hurt our industry, resulting in job loss and production slowdowns. Now Trump aims to pile tariff on top of tariff to further weaken our forestry sector,” said Daniel Cloutier. …“The reality is the US needs to import lumber, and tariffs will further drive-up prices on American consumers.”

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‘Nothing more than a distraction,’ says B.C. forest minister on Trump’s lumber order

The Canadian Press in CTV News
March 2, 2025
Category: Business & Politics
Region: Canada, United States

Ravi Parmar

BC‘s Forest Minister said the latest executive order from US President Trump is “nothing more than a distraction” after Trump signed two orders to increase his country’s domestic supply of timber while reducing its reliance of timber imports from other countries, including Canada. …Ravi Parmar said that Trump’s latest move could only pose as a distraction from solving the real issue at hand — the “unjustified softwood lumber duties that are hurting workers on both sides of the border.” …Parmar said Trump’s order to increase U.S. lumber production by eliminating environmental requirements shows that “the U.S. would rather abandon its environmental standards than trade fairly with other countries.” …Parmar said the Canadian forest sector has been playing by the rules, and these trade barriers could only benefit a handful of American companies at the expense of workers, families and businesses in both countries.

Related coverage in:

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Trump orders probe into U.S. lumber imports that could heap more tariffs onto Canada

By David Lawder and Andrea Shalal
Thomson Reuters in CBC News
March 1, 2025
Category: Business & Politics
Region: Canada, United States

US President Trump on Saturday ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber and 25% tariffs on all Canadian and Mexican goods due next week. Trump signed a memo ordering Commerce Secretary Howard Lutnick to initiate a national security investigation into US lumber imports under Section 232 of the Trade Expansion Act of 1962. The trade law is the one Trump also used to impose tariffs on global steel and aluminum imports. The probe covers products made from lumber that could include furniture such as kitchen cabinets. The investigation must be completed within 270 days.

Trump also ordered new steps within 90 days to increase the domestic supply of lumber by streamlining the permitting process for harvesting lumber from public lands and improving the salvage of fallen trees. …A White House official said that increasing reliance on imported lumber represents a possible national security risk partly because the US military consumes significant quantities of lumber for its construction activities and because increasing dependence on imports for a commodity with ample domestic supplies is a danger to the US economy. …The official said any tariffs resulting from the probe would be added to the existing 14.5% duties on Canadian softwood lumber. The new duties would also stack on top of Trump’s threatened 25% general tariff on all Canadian and Mexican goods that are scheduled to take effect on Tuesday unless Trump is persuaded by the two countries’ efforts to secure their borders and halt fentanyl trafficking.

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Trump re-ups March 4 date for tariffs on Canada and Mexico

By Josh Boak and Fabiola Sanchez
The Associated Press
February 27, 2025
Category: Business & Politics
Region: Canada, United States

Justin Trudeau

WASHINGTON — President Donald Trump plans to impose tariffs on Canada and Mexico starting Tuesday, in addition to doubling the 10% universal tariff charged on imports from China. …But Trump has also at times engaged in aggressive posturing only to give last-minute reprieves. …The threat of tariffs frightened the stock market with the S&P 500 index falling 1.6% on Thursday. Asked about the fact that tariffs are largely paid for consumers and importing companies, Trump dismissed any concerns by saying: “It’s a myth.” Canadian Prime Minister Justin Trudeau said, “There is no emergency for the United States at the border with Canada when it comes to fentanyl,” Trudeau said in Montreal. “If the US goes ahead… We have $30 billion worth of U.S. products that will be subject to tariffs. And $125 billion of tariffs that will be applied three weeks later. But we don’t want to be in that position.”

In related coverage: 

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White House says tariffs moving forward but there’s still room for negotiation

By Kelly Malone
The Daily Commercial News
February 27, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON — U.S. President Donald Trump said again Wednesday he plans to hit Canada and Mexico with devastating duties — but a White House official confirmed on background that the tariff plans could change through negotiations. …He signed an executive order to implement “reciprocal tariffs” by raising U.S. duties to match the tax rates that other countries charge on imports starting April 2. He ordered 25% tariffs on all steel and aluminum imports into the United States on March 12. Trump also floated the idea of imposing tariffs on automobiles and forest products in April. …Trump himself seems to be having a hard time keeping track of his massive tariff agenda. …Many experts say Trump’s actions are intended to shake up Canada and Mexico ahead of a review of the continental trade pact. The Canada-U.S.-Mexico Agreement was negotiated during the first Trump administration to replace the North American Free Trade Agreement. 

Related coverage in the WSJ (transcript of podcast by Kyle Peterson, WSJ Editorial Board Member): Trump Says Canada and Mexico Tariffs Are Coming Soon

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Big tariffs on Canada next week? Not necessarily, White House says

By Alexander Panetta
CBC News
February 25, 2025
Category: Business & Politics
Region: Canada, United States

Reports that Canada and Mexico are set to be slapped with U.S. tariffs next week may be premature. That’s the latest word from the Trump administration. The White House has clarified that North America-wide tariffs are not a done deal, as many news headlines suggested following remarks Monday Trump. …It wasn’t totally clear which tariffs Trump was referring to. The president has threatened multiple trade actions, for multiple reasons. For Canada, the ones paused until March 4 represent the gravest threat. …CBC News asked the White House on Tuesday for clarification. The White House reply… A plan for retaliatory tariffs on various countries is moving ahead as scheduled. …So, what about that bigger tariff, currently paused until March 4? The White House told CBC News that it’s still to be determined, “pending negotiations” with Canada and Mexico.

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Trump’s Trade War: What It Means for Canadian Forest Products

Kelly McCloskey, Editor
Tree Frog Forestry News
February 25, 2025
Category: Business & Politics
Region: Canada, United States

Yesterday, we featured an op-ed by political risk management expert Robert McKellar on how Donald Trump’s re-election is changing the political risk landscape for the Canadian forest sector. While U.S. trade disputes are not new, the unpredictability of Trump’s approach to trade policy creates new challenges that Canadian exporters must assess and manage. McKellar presents a structured way to evaluate these risks using the devil’s advocacy approach, a method that considers both worst- and best-case scenarios to develop a balanced assessment. Trump has proposed three different types of tariffs—bi-national, product-specific, and reciprocal—which, if applied together, could significantly impact the sector. By examining multiple possibilities, McKellar provides companies with a way to better prepare for potential disruptions rather than reacting in crisis mode. And as today’s CBC story demonstrates, it isn’t always clear precisely which tariff proposal Trump is referring to; and tariffs are just one of several risks facing the sector.

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Trump says tariffs on Canada and Mexico ‘will go forward’

By Kelly Malone
The Canadian Press in the National Post
February 24, 2025
Category: Business & Politics
Region: Canada, United States

Trump’s executive order to implement 25% tariffs on all Canadian imports, with a lower 10 per cent levy on Canadian energy, was delayed until March 4. …Foreign Affairs Minister Melanie Joly said Monday that Canada needs to send the message it will “fight back” after U.S. President Donald Trump said steep tariffs are indeed coming next week. In a press conference with French President Emmanuel Macron at the White House on Monday, Trump was asked directly whether he was moving ahead with levies against America’s closest neighbours. …While the original executive order was tied to the flow of deadly fentanyl, the president said earlier this month the pause would allow time to reach a “final economic deal.” Prime Minister Justin Trudeau spoke to Trump by phone Saturday ahead of Monday’s virtual G7 meeting… updating the president on efforts at the Canada-U.S. border to counter trafficking in fentanyl.

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Forest critic Stamer calls for tax on thermal coal in response to softwood lumber duties

By Michael Reeve
CFJC Today
March 3, 2025
Category: Business & Politics
Region: Canada, Canada West

KAMLOOPS — The U.S. Department of Commerce has announced plans to almost triple the anti-dumping duties on Canadian softwood lumber. …“It’s going to be devastating for our industry if we can’t come up with some cost saving methods to be able to not only be more competitive but also trading with our largest partner when it comes to our softwood lumber agreement. …Kamloops-North Thompson MLA and Forest Critic Ward Stamer believes B.C. needs to place a carbon tax on coal as a response. “Our party proposed a carbon tax on U.S. thermal coal through our ports last Monday, and really what we should be doing — whatever they are charging us in duties, we should be charging them back with a carbon tax. …The BC Conservatives asked for an update on their carbon tax proposal during Monday’s question period.

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BC pulp and paper sector faces threats foreign and domestic

By Nelson Bennett
Business in Vancouver
March 4, 2025
Category: Business & Politics
Region: Canada, Canada West

The second-most important forestry-based commodity in B.C. is pulp and paper manufacturing, which is, fortunately, less exposed [than lumber] to the US, thanks to more diversified markets, and not subject to anti-dumping duties. …Like all sectors in Canada, the pulp and paper industry now faces the prospects of tariffs, though the U.S. market accounts for only 15% of BC pulp exports. …But there is less opportunity for substitution for Canadian pulp and paper in the U.S. than lumber, according to Kevin Mason, managing director for ERA Forest Products Research. Tariffs—if they materialize—will simply be passed on to buyers, including large tissue and paper towel makers in the U.S. “The investment and time required to build new pulp capacity will prohibit domestic substitution in the near, medium and long-term.”  …Though B.C.’s pulp sector may not be as directly exposed to U.S. trade as lumber, it could be indirectly affected because the industry is so heavily integrated with the sawmilling sector.

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BC-based Tolko cuts back consultant workforce

By Jennifer Smith
Victoria News
February 28, 2025
Category: Business & Politics
Region: Canada, Canada West

VERNON, BC — A number of people are out of work following trims made by lumber giant Tolko Industries. Over the past few weeks, the Vernon, BC-based company has reduced the size of its consultant workforce. “These decisions are not made without a lot of consideration,” communications advisor Chris Downey told The Morning Star. “We have an extremely committed workforce whose families and communities rely on Tolko for stable jobs, and we recognize the impact this has on many employees.” But it’s not the looming U.S. tariffs that forced Tolko’s hand on these cuts. “BC policy and regulatory burden causing high costs and limiting access to available economic fibre for our B.C. manufacturing facilities continues to impact our B.C. footprint,” Downey said. It’s unknown yet how tariffs could impact Tolko, or any forest product company.

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COFI Panel Announcement, and last chance for the Early Bird Discount!

BC Council of Forest Industries
March 3, 2025
Category: Business & Politics
Region: Canada, Canada West

Landscape to Local: Integrated solutions to wildfire, conservation, community safety and economic development: As wildfires intensify and land use policies evolve, finding solutions requires cooperation across governments, First Nations, local communities, labour and industry. The “Landscape to Local” panel will tackle critical issues, shedding light on real world strategies, innovative practices and community-driven approaches to address the dual challenges of protecting our forests while supporting local economies. Join our distinguished panel of experts: John Kitzhaber, Former Governor of Oregon; Ward Stamer, MLA for Kamloops-North Thompson and BC Conservative Critic for Forests; Klay Tindall, General Manager of Lil’Wat Forestry Ventures; James Whitehead, Engagement Analyst with the Mitigating Wildfire Initiative at SFU’s Wosk Centre for Dialogue; and Moderator Zara Rabinovitch, Vice President of Sustainability & Public Affairs at COFI.

Don’t miss your discount to the 2025 COFI Convention, Early Bird registration ends midnight tonight!

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Bridging to Retirement Program wraps up in B.C. after 5 years

By Matthew Sellers
Human Resources Director Canada
February 27, 2025
Category: Business & Politics
Region: Canada, Canada West

A key government program designed to help older forestry workers transition into retirement has officially closed after assisting more than 2,200 individuals since its inception in 2019. The Bridging to Retirement Program, launched in response to economic challenges in the forestry sector, has distributed over $92 million in funding, helping affected workers retire early while opening up job opportunities for younger employees, according to the government. The program, which began in October 2019, reached capacity and officially ceased intake on February 26, 2025. Initially funded with $40 million, the program was later expanded to $50 million and renewed in 2021 with a three-year funding commitment. Eligible workers aged 55 and older were provided with financial support of up to $75,000 each, based on their experience and employer contributions. …When first announced in 2019, the provincial government pledged $69 million in forestry support programs to mitigate job losses, strengthen community resilience, and promote economic recovery. …While the program has concluded, new concerns loom over the B.C. forestry sector. 

Addition coverage from the BC Ministry of Labour: Bridging to Retirement Program update

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Advantage or Disadvantage: Where Does B.C. Stand in the Global Forest Sector?

Council of Forest Industries
February 27, 2025
Category: Business & Politics
Region: Canada, Canada West

At the 2025 COFI Convention, we’re diving deep into B.C.’s forest sector competitiveness and sustainability—and how we compare to leading global regions. Join Kurt Niquidet, COFI’s VP & Chief Economist, and Glen O’Kelly, CEO of O’Kelly Acumen, as they reveal findings from a new study benchmarking B.C. against 10 international jurisdictions—including Sweden, Finland, Austria, the U.S., and Brazil. Key insights include: Strengths & Weaknesses – What industry leaders are saying about B.C.’s competitive position; Global Comparisons – How B.C. stacks up on economic and sustainability performance; and Opportunities for Growth – Strategies to strengthen B.C.’s competitive edge. This is a must-attend conversation for anyone invested in the future of B.C.’s forest industry. Don’t miss it—Register before the end of Early Bird Pricing on March 3!

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Rustad wants action against ‘foreign interference’ by environmental activists

Prince George Citizen
February 24, 2025
Category: Business & Politics
Region: Canada, Canada West

John Rustad

Conservative Leader John Rustad is calling for immediate measures to protect British Columbia’s resource industries and workers from what he describes as “foreign interference” by American-funded environmental activists. Rustad proposed new legislation to prevent environmental groups based in BC from receiving financial support from American donors who campaign against local resource industries. He accused these groups of “wreaking havoc” on the economy, threatening jobs in sectors like forestry, mining, and oil and gas. “David Eby has idly watched as American-funded environmental activists have attacked our economy, undermining the livelihoods of hard-working loggers, miners, and oil and gas workers,” Rustad said in the statement. “It’s time we cut them off from their supply of American dollars.” Rustad also criticized the provincial government for allowing activists to waste law enforcement resources and violate court injunctions. He claimed their actions have led to costly litigation and stymied the progress of BC industries.

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B.C. Opposition Leader Rustad wants to hit U.S. with ‘carbon tax’ on coal shipments

By Marcy Nicholson
The Canadian Press in Victoria Times Colonist
February 24, 2025
Category: Business & Politics
Region: Canada, Canada West

John Rustad

VICTORIA — British Columbia’s Opposition Leader John Rustad has found a carbon tax he likes, proposing such a levy on U.S. thermal coal shipped out of provincial ports as a way to pressure the White House to not impose fresh tariffs on Canadian softwood lumber. Rustad said the tax on U.S. coal could be a “tool to fight back” on softwood tariffs and duties proposed by U.S. President Donald Trump, who has also proposed tariffs on all Canadian exports. “We need to be able to create the environment to have a deal with the Americans. We can’t carry on like this on softwood lumber,” Rustad said on Monday. Rustad… has long been a critic of B.C.’s own carbon tax. On tariffs, he and the B.C. Conservatives had previously said B.C. should avoid retaliating and instead focus on growing B.C.’s economy. …But Eby said taxing U.S. coal travelling through B.C. ports to other export markets poses major challenges.

Additional coverage:

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New Brunswick natural resources minister wants plan by April to save Irving jobs

By John Chilibeck
The Telegraph-Journal
March 3, 2025
Category: Business & Politics
Region: Canada, Canada East

New Brunswick’s natural resources minister says he’s working closely with Irving Paper to ensure a durable solution is in place to save jobs at its Saint John mill. John Herron said the need to protect the plant on Bayside Drive on Saint John’s east side was urgent, given the number of high-paying jobs – 143 – and economic activity at stake. …“It’s certainly not lost on me that the plant is very important to the regional economy and the provincial economy. …J.D. Irving, Limited, the mill’s parent company, announced early last week that it would shut down one of its two machines at the old plant because it said NB Power’s high industrial rate for electricity was making it uncompetitive in the global paper industry. …The machine that’s being shut down is the most energy intensive of the two.

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N.B. Power disputes JD Irving claim industrial power rates are uncompetitive

By Robert Jones
CBC News
February 27, 2025
Category: Business & Politics
Region: Canada, Canada East

NEW BRUNSICK — J.D. Irving Ltd.’s claim that “uncompetitive” electricity prices charged by N.B. Power is exclusively responsible for forcing it to close a production line at its east side Saint John paper mill has pushed the provincial utility and its rates into the spotlight. And N.B. Power is not taking the criticism quietly. …Dominique Couture said, “N.B. Power large industrial rates are lower than Nova Scotia, P.E.I., HydroOne (in Ontario), Alberta and are on par with Saskatchewan.” N.B. Power did raise industrial and residential rates 13% in the past year and has plans to raise them more than 9% again this year, beginning on April 1. Still N.B. Power disputes that has made electricity pricing uncompetitive in New Brunswick. …Quebec and British Columbia have substantial hydroelectric production and offer industrial power rates to mills between 10 and 28 per cent below N.B. Power’s subsidized rate.

Related coverage by the Telegraph-Journal Editorial Board: Power rates are a real problem. An Irving subsidy isn’t the solution

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Despite mill closure, Espanola ‘didn’t fold up and shut down’

By Hugh Kruzel
The Mid-North Monitor
February 27, 2025
Category: Business & Politics
Region: Canada, Canada East

ESPANOLA, Ontario — Resource towns dot the Canadian landscape; they blossomed during the boom times of the last century. Lumber mills, plywood factories, and plants producing rolls of newsprint – with their signature aromatic plumes of smoke – defined many places on the Highway 11 or 17 corridor. …In the 21st century, no municipality relying on one industry can think itself safe from global change or distant corporate headquarters driven by the bottom line. Espanola, located about 71 km west of Sudbury, is another northeastern Ontario community where a mill closing sent ripples through the local economy. On Sept. 6, 2023, Domtar announced it would “indefinitely idle” its pulp and paper operations. …In a town of 3,986 (as of 2021), about 450 workers were affected almost overnight.. …”We are launching a process to establish an economic diversification strategy for the region. …It is only a matter of time before something establishes itself there.”

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Unifor ‘pushing and advocating’ for laid-off Irving Paper workers

By Isabelle Leger
CBC News
February 25, 2025
Category: Business & Politics
Region: Canada, Canada East

Jennifer Murray

Unifor says it won’t stop fighting for unionized paper mill workers receiving layoff notices this week from J.D. Irving Ltd. Jennifer Murray, Atlantic regional director of Unifor, said 100 of the 140 people laid off from Irving’s Saint John paper mill workforce are Unifor members. …Workers of these specialized jobs were notified Monday they would be laid off officially within 45 days, said Murray. …Murray said JDI was in discussion with Unifor regarding rising energy costs. Unifor had several meetings with the provincial government to find strategies to protect these jobs. …So far, JDI has said there may be opportunities for some of these workers to be put in positions elsewhere within the company. …Unifor had a meeting with Natural Resources Minister John Herron Tuesday on strategies to bolster the forestry industry in the province.

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With massive mill layoffs, the other shoe drops on NB Power

The Editorial Board
The Telegraph-Journal
February 25, 2025
Category: Business & Politics
Region: Canada, Canada East

It was only a matter of time before the folly of NB Power’s mismanagement would hit New Brunswickers where it hurts the most: their jobs. Irving Paper announced layoffs for about half its employees, 140 people, on Monday. The company was frank about the reason: uncompetitive power rates. There is no reason to think this is some kind of corporate bluster. New Brunswickers have seen for themselves what’s happened to their power bills. …Since the turn of the century, it has been clear NB Power was on a very bad financial path. That’s principally the fault of the utility executives and the board. …As NB Power tries to squeeze the lemon even tighter, it will drive more companies to either downsize, leave the province, or shut down altogether. J.D. Irving, Limited, the parent company of Irving Paper, understands this well.

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Irving Paper lays off nearly half its workers, blames New Brunswick’s ‘uncompetitive’ electricity rates

By Sam Farley
CBC News New Brunswick
February 24, 2025
Category: Business & Politics
Region: Canada, Canada East

J.D. Irving announced that it will permanently reduce operations at its Saint John paper plant, laying off 140 workers. Workers at Irving Paper were informed Monday morning that the layoffs will take effect immediately, according to a release from the company, which listed the plant’s total workforce at 310 employees. …”As New Brunswick manufacturers face more and more significant headwinds, it is becoming increasingly difficult to shoulder the impact of soaring electricity costs and remain competitive in an international market,” said Irving Pulp and Paper VP Mark Mosher in a statement. The move comes after J.D. Irving advocated last fall at the Electricity and Utilities Board hearing against changes to the way N.B. Power calculates charges. At the hearing, N.B. Power argued the move was a self-serving attempt by JDI to escape expenses the company wants others to pay for.

In related coverage:

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US Lumber Coalition Applauds Trump’s Enforcement of the US Trade Laws Against Softwood Lumber

The US Lumber Coalition
PR Newswire
March 3, 2025
Category: Business & Politics
Region: United States

Zoltan Van Heyningen

WASHINGTON — “The higher preliminary duty level announced by the Commerce Department demonstrates the severity of dumping and frankly disgraceful behavior by Canadian exporters in the U.S. market,” emphasized Andrew Miller  of Stimson Lumber. …”The US Lumber Coalition applauds the Trump Administration’s strong commitment to enforcing the U.S. trade laws against Canadian unfair trade behavior that is killing U.S. jobs by suppressing U.S. lumber production,” stated Zoltan van Heyningen, U.S. Lumber Coalition Executive Director, adding that “The trade cases must remain in place as long as Canada keeps subsidizing and dumping.” Mr. van Heyningen further stated that “If Canada does not like the import duties, simply stop engaging in unfair trade and stop violating our trade laws. It’s not complicated.” …”The American lumber industry and forestry sector today has the capacity to supply nearly all U.S. lumber demand, and with continued strong trade law enforcement can reach 100% over time.

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China hits US soybean firms, halts lumber imports as it steps up retaliation against Trump tariffs

By Mei Mei Chu and Ella Cao
Reuters in Business Insider
March 4, 2025
Category: Business & Politics
Region: United States, International

BEIJING – China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. lumber, stepping up retaliatory action after the United States imposed additional tariffs on Chinese goods. Earlier in the day, China also imposed import levies covering $21 billion worth of U.S. agricultural and food products… Customs said it detected ergot and seed coating agent in imported U.S. soybeans while the suspension of U.S. lumber imports was due to the detection of small worms, aspergillus and other pests. …Beijing’s retaliatory measures were in response to U.S. President Donald Trump’s decision to impose an extra 10% duty on China, effective Tuesday, resulting in a cumulative 20% tariff in response to what the White House considers Chinese inaction over drug flows. …The suspension of U.S. lumber was a direct response to Trump’s move on March 1 to order a trade investigation on imported lumber. 

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International Paper Names New Leaders

By International Paper
PR Newswire
March 28, 2025
Category: Business & Politics
Region: United States

Tim Nichols

Lance Loeffler

MEMPHIS, Tennissee — International Paper announced changes to its executive leadership team. Tim Nicholls has been named Executive Vice President and President of DS Smith, an International Paper company, reporting to Chairman and Chief Executive Officer Andy Silvernail. Tim has served as the CFO of International Paper since 2018 and also held the CFO role from 2007 to 2011. …He led the IP side of the integration planning for the combination with DS Smith and served as the interim leader of the combined business in EMEA since the close of the transaction. …Additionally, Lance Loeffler will join International Paper as Senior Vice President and Chief Financial Officer (CFO), reporting to Silvernail. Throughout his more than 25-year career, he has worked in finance, strategy and business leadership roles at UBS Investment Bank, Deutsche Bank Securities and Halliburton.

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Secretary Rollins names Tom Schultz Chief of the U.S. Department of Agriculture’s Forest Service

The US Department of Agriculture
February 27, 2025
Category: Business & Politics
Region: United States

Tom Schultz

WASHINGTON – U.S. Secretary of Agriculture Brooke Rollins announced Tom Schultz will serve as the 21st chief of the U.S. Department of Agriculture (USDA) Forest Service. …Schultz will replace Chief Randy Moore… Schultz previously served as vice president of resources and government affairs at Idaho Forest Group… A former U.S. Air Force officer, Schultz also served as director of the Idaho Department of Lands, overseeing the management of several million surface acres of endowment lands and minerals. He held leadership roles in Montana’s Department of Natural Resources and Conservation, managing the Trust Lands and Water Resources Divisions. Schultz holds a bachelor’s degree in government from the University of Virginia, a master’s degree in political science from the University of Wyoming, and a master’s degree in forestry from the University of Montana.

In related coverage by:

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US Forest Service chief retires after thousands of layoffs at the agency

By Jordan Wolman
Politico
February 26, 2025
Category: Business & Politics
Region: United States

Randy Moore

Forest Service Chief Randy Moore will retire effective March 3. Moore wrote that the past several weeks have been “incredibly difficult” due to the Trump administration’s mass layoffs, which have led to 3,400 Forest Service employees — or 10% of agency staff — being fired. …Lawmakers and officials from Western states have warned that cuts to agencies like the Forest Service and funding freezes will threaten critical prevention and mitigation work, leaving the region woefully unprepared for the coming wildfire season. …Moore told staff that their work protecting communities, enhancing small businesses, providing drinking water and issuing energy permits is “vital to the American way of life. …I was and am learning about the changes the same time as many of you.” …Trump has nominated Michael Boren, an Idaho investment consultant and GOP donor, to serve as USDA’s undersecretary for natural resources and environment — a position that requires Senate confirmation and oversees the Forest Service.

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Trump Aims at Chinese Shipping, Risking Another Shock for Businesses

By Peter Goodman
The New York Times
February 26, 2025
Category: Business & Politics
Region: United States

The Trump administration has opened a broad new front in its global trade conflict, proposing to affix levies reaching $1.5 million on Chinese-made ships arriving at American ports. Such fees would apply even on vessels made elsewhere — an approach that risks increasing costs on raw materials to factory goods. …It is engineered to discourage reliance on Chinese vessels in supplying Americans with products, while aiming to spur the revival of a domestic shipbuilding industry after a half-century of veritable dormancy. …The proposal would isolate China while diminishing American reliance on its industry. …The plan was the result of an investigation, started during the Biden administration, into the dominance of the Chinese shipping industry, in response to a petition filed by labor unions. Almost one-fifth of container vessels arriving at American ports are made in China. [to access the full story a NY Times subscription is required]

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Stimson Lumber plans Hagg Lake mill expansion

By Chas Huntley
Gales Creek Journal
March 3, 2025
Category: Business & Politics
Region: United States, US West

OREGON — Stimson Lumber’s representatives will host a community meeting to outline plans to build a new structure at their mill near Hagg Lake Tuesday, March 4. “We are considering a proposal to add a new 45,000 square-foot small-log sawmill building to our existing sawmill facility,” a representative for Stimson Lumber said. “The new building would take the place of an existing 60,000 square-foot warehouse building, which would be demolished,” the letter read. According to documents, the footprint of the existing sawmill would not be expanded. In a June 2024 press release, Stimson Lumber said the company would invest $50 million into building a high-speed sawmill for smaller-dimension timber. The company believes the new line will be operational in 2026.

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Trump Says US Doesn’t Need Canada’s Timber, And Wyoming’s Lumber Industry Agrees

By Renée Jean
Cowboy State Daily
February 28, 2025
Category: Business & Politics
Region: United States, US West

Wyoming has a small, struggling lumber industry that has been on life support of late, and it was heartened to hear President Donald Trump say that America doesn’t need lumber from Canada. Neiman Enterprises, Inc., owned by Jim Neiman, is one of Wyoming’s last remaining large lumber production companies. Today it still has operations in Wyoming, South Dakota and Colorado hanging in there, but they are all in peril under current market conditions. “Canada subsidizes the forest products industry,” Neiman said. “And that, along with the exchange rates, gives them, in a lot of cases, clear advantages.” …A larger supply would cure many of the ills Wyoming’s lumber industry has faced and would bring his own business back to full vitality, Neiman said. It would also allow him to employ more people not just in Wyoming, but in Colorado and South Dakota. 

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Economics professor discusses impacts of tariffs on Montanans

Albia Newspapers
February 26, 2025
Category: Business & Politics
Region: United States, US West

BOZEMAN, Mont. – The Trump administration’s tariffs are stirring discussions in Montana, with concerns about their impact on local economies. At Montana State University, Dr. Nicole Karwowski, an assistant professor of economics … explains that while tariffs can benefit certain business and factory owners, as well as shareholders of domestic firms, the broader impact tends to be negative. She highlights that these beneficiaries gain from the increased costs international companies face when competing in the U.S. market. The local economy in Bozeman is particularly affected, Karwowski says, due to the rising cost of construction materials. “We import a lot of our timber from Canada. And housing prices are already skyrocketing in places like Bozeman especially. So the different types of construction materials and raw materials are increasing in cost because of these tariffs. Then we’re going to see it harder to be building more in places like Bozeman,” she said.

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Colorado homeowners who spent years mitigating fire risk lose insurance

By Alan Gionet
CBS Colorado News
February 26, 2025
Category: Business & Politics
Region: United States, US West

As wildfires and other threats plague homeowners in Colorado, there is a trend that is impacting homeowners and losing their insurance, especially after the wildfires in California. It’s a 15-year-old home on a hillside in Evergreen, with a metal roof, stucco exterior, and triple pane windows. “Steel roof, steel beams on the outside. So steel columns. Then after that, we went with concrete decking and not wood decking around the house,” said homeowner Steve Hoogendoorn who closely monitored the home’s design. At the time, it exceeded standards for fire protection. The house is surrounded by concrete, with the decks changed from composite to concrete a few years ago. But still, Steve and Jen Hoogendoorn have recently been informed their insurer thinks they’re too big of a risk. …The home’s construction is not all they have done to mitigate fire risk. Every year they drop a half dozen up to 10 cords worth of trees.

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The Association of Suppliers to the Paper Industry Honors Bill Edwards with Excellence in Leadership Award

Domtar Corporation
March 4, 2025
Category: Business & Politics
Region: United States, US East

Bill Edwards

Bill Edwards, Domtar’s senior vice president of Paper and Packaging Operations, received the prestigious Excellence in Leadership Award from the Association of Suppliers to the Paper Industry (ASPI) during the organization’s annual conference in Clearwater, Florida. The ASPI Excellence in Leadership Award is presented annually to an industry leader who demonstrates exceptional management skills, strategic vision and a commitment to advancing the pulp and paper sector. …With more than three decades of industry experience, Edwards has championed initiatives that advance operational excellence, product quality and innovation. His leadership has contributed to sustainable growth and strengthened partnerships for Domtar, while earning respect from peers and industry stakeholders alike.

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Domtar Announces Startup of New PCC Plant at Nekoosa Mill

Domtar Corporation
February 25, 2025
Category: Business & Politics
Region: United States, US East

NEKOOSA, Wisconsin — Partnering with Omya, a producer of essential minerals, the mill built an on-site plant to ensure a reliable source of precipitated calcium carbonate, a key papermaking ingredient. The new PCC plant came online in September 2024, solving several supply challenges. …In 2020, the PCC plant that supplied multiple Wisconsin paper mills, including Domtar’s Rothschild and Nekoosa facilities, closed. …Domtar and Omya researched constructing a four-story PCC plant at the Nekoosa mill. …In July 2022, the companies agreed to build a 27,500 dry-ton-per-year Omya-designed, owned and -operated PCC plant within the Nekoosa mill’s existing footprint. …“By executing this high-ROI, three-year project with a strategic partner, Nekoosa now has an unlimited supply of PCC on-site that allows for flexibility in our papermaking schedules and effective grade development,” says Jason McCauley, Nekoosa mill general manager.

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Southern Forest Products Association Releases 2024 Value Report

Southern Forest Products Association
February 27, 2025
Category: Business & Politics
Region: United States, US East

The Southern Forest Products Association believes strong partnerships are essential for sustaining growth and success. That starts with our most valuable partnership — our members. Their commitment is the driving force behind our success. The 2024 SFPA Value Report recaps the association’s: International market development and success in driving demand for Southern Pine lumber exports; A new, consolidated website; Digital promotion efforts; Membership growth; and Industry collaboration.

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Large fire rages for hours at Jamesville pallet company

By Jon Moss
Syracuse.com
February 25, 2025
Category: Business & Politics
Region: United States, US East

Jamesville, N.Y. — A large fire raged for hours Monday evening on the campus of a Jamesville pallet company, creating a plume of smoke that could be seen for miles. The fire at B&B Lumber at 4800 Solvay Road Extension was reported at about 7:30 p.m. It was still burning more than four hours later. …B&B Lumber, founded in 1973, manufactures wood shipping pallets. The company is located inside a quarry and is only accessible by narrow, winding roads. A huge fire also ripped through the B&B campus in March 2016.

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Doman fire estimated at $2 million loss

By Eric Tyler
KVOM The Voice of Morrilton
February 26, 2025
Category: Business & Politics
Region: United States, US East

Plumerville, Arkansas — A fire that destroyed a dry kiln at Doman Lumber Company in Plumerville last week caused a property loss of over $2 million to the company, according to the chief of the Conway County Fire Department. The fire destroyed a ten-year-old kiln, but Chief Darren Bray says firefighters were able to prevent an even more significant loss by controlling the fire before it could spread to an adjacent kiln. “That’s the first thing when our guys got there, they did the smart thing; they did exposure protections,” Bray said. “In talking with the general manager for Doman, to replace that ten-year-old kiln is going to cost them somewhere north of $2 million. I haven’t gone back out there to get the total loss amount, but it’s for sure over $2 million at this time. That’s not counting lumber or anything else; that’s rebuilding the kiln. That’s not counting the blower, electrical, nothing else…”

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US Lumber Coalition Applauds President Trump’s Additional Measures to Investigate Unfair Trade Practices

By The US Lumber Coalition
PR Newswire
March 2, 2025
Category: Business & Politics
Region: International

WASHINGTON — President Trump has ordered an investigation under section 232 of the Trade Expansion Act of 1962 to determine the “impact of foreign government subsidies and predatory trade practices.” “We know that foreign governments such as Canadian federal and provincial governments subsidize the Canadian lumber industry to promote employment and disruptive excess Canadian lumber production that is then dumped into the U.S. market to the detriment of U.S. companies and workers,” stated Andrew Miller, Chair/Owner of Stimson Lumber Company. “President Trump is absolutely correct in saying that we do not need any unfairly traded Canadian lumber imports,” stated Miller, adding that “the combination of fully enforcing our antidumping and countervailing duty trade laws and this additional enforcement step against unfair trade taken by President Trump will accelerate addressing the harmful effects of foreign unfair trade practices in lumber. Thank you President Trump!

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