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U.S. tariffs on Canadian lumber and wood products have sparked an economic crisis in British Columbia, threatening jobs and mills.
The U.S. has imposed new tariffs on Canadian softwood lumber and wood products, including a 10% duty on lumber and 25% on furniture, raising total duties above 45%, prompting British Columbia Premier David Eby to declare the industry faces an "existential threat."
Eby warned the tariffs, which the U.S. claims threaten national security, could devastate jobs and rural economies, urging federal action comparable to support for steel and auto sectors.
Despite $700 million in loan guarantees and $500 million for market diversification announced by Prime Minister Mark Carney, industry leaders say the aid is insufficient and not yet accessible.
Multiple groups condemn the tariffs as unjust and damaging, while calls grow for urgent federal intervention to protect workers and sustain the sector amid ongoing trade tensions.
Los aranceles estadounidenses a la madera y productos de madera canadienses han provocado una crisis económica en Columbia Británica, amenazando empleos y fábricas.