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Tariffs Threaten New Brunswick’s Wood Sector | Winnipeg News
New U.S. tariffs threaten to slam New Brunswick’s wood product sector, with potential 50% duties hitting August 19 if no deal forms—putting small, labor-heavy businesses at risk and sparking fears of localized economic collapse. Though the province estimates less than 1% of total exports at stake, $112 million in paper goods could vanish, disproportionately hurting communities already vulnerable. Experts warn this uncertainty cripples hiring and growth, echoing past downturns tied to lost employers. While provincial efforts focus on productivity and new markets, small business advocates push…
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