News Media Canada chief executive Paul Deegan has warned that tariffs between the US and Canada threaten the news industry because newsprint is imported from Canada while ink heads north from the US.
Posted
“If you look at newsprint for U.S. newspapers, a lot of it comes from Canada,” Deegan explained. “So if you stick a 25 percent tariff on that, that puts enormous pressure on U.S. publishers. Conversely, for Canadian publishers, we actually get most of our ink from the U.S. We get it from Flint and Sun Chemical. Some of that’s actually made in Tennessee, some of it in Illinois. So we use your ink and you use a lot of our paper.”
(Sun Chemical has a Lower Mainland plant. The workers are members of Local 2000.)
Recent Comments