TRADE WAR EXPLODES: Canada Targets U.S. Paper After Trump’s 50% Tariffs.

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Tonernews.com, August 24, 2026. USA
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  • jim
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    President Donald Trump’s escalating tariff war with Canada is now threatening to drag the pulp and paper industry directly into the political crossfire, with Prime Minister Mark Carney promising a dollar-for-dollar retaliation after the U.S. imposed new 50% tariffs on roughly $20 billion worth of Canadian goods. Carney’s counterattack, scheduled to begin September 8, targets major American sectors including pulp and paper, raising the possibility that U.S. producers could suddenly face punitive duties on hundreds of millions of dollars in exports to Canada. The confrontation marks a dramatic breakdown between two of the world’s closest trading partners: Trump is using tariffs to pressure Canada, while Carney is betting that hitting politically and economically important U.S. industries will force Washington to reconsider. But the real danger is that neither side blinks. If this tariff war continues to escalate, paper mills, printers, publishers, packaging companies and consumers could all end up paying the price for a Canada-vs.-Trump showdown that is rapidly turning North American trade into an economic battlefield.

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