Home News Industry News Trump's tariffs are hurting the already struggling newspaper industry

Trump's tariffs are hurting the already struggling newspaper industry

The struggling U.S. newspaper industry is caught up in a costly trade dispute that's pushing up its production costs. The Trump administration put a tariff on groundwood paper, which is used in newsprint production, because of concerns the paper was subsidized by the Canadian government and sold at below-market prices. Most groundwood paper comes from Canada and nearly 70 percent of newspapers in the U.S. rely on the product. On Thursday, the Commerce Department will announce whether it will end that tariff.

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Source: CBC News

 
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