Trump’s Tariff On Canadian Newsprint Is Killing US Newspapers, Republicans Warn

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A dozen House lawmakers have introduced legislation to remove President Trump’s tariffs on Canadian newsprint so a study can be done on how much those tariffs are crushing local newspapers around the country, the Washington Examiner reports.

The bill, introduced by Rep. Kristi Noem, R-S.D., is a response to the 22 percent tariff that the Trump administration has imposed on some Canadian newsprint since the beginning of this year. Noem said that tariff has led to rising costs for local newspapers, and are a threat to their survival.

“In recent years, new tariffs on Canadian newsprint have increased paper prices by 20 to 30 percent,” Noem said in a statement. “That’s significant. A paper that services around 20,000 customers, for instance, could see paper costs rise by about a quarter-million dollars annually, threatening the newspaper’s survival.”

Local papers have been complaining this year about rising costs, and Noem and her colleagues are hoping to give them at least a temporary break from the cost hike. Read more at the Washington Examiner.

{Matzav.com}

4 COMMENTS

  1. All Fake News should be taxed to high heavens. Are there ‘any’ newsprint in the US or Canada that’s not Fake News?

  2. Thanks for the insight, let’s crank it up further!
    Oh, the middle class was also hurt numerous times due to Obamacare and mass media continued to promote obama care. So this serves them right. I thought the liberals want to save trees? They should be happy with this? Another classic example of how their agenda is only ethical in their eyes when it is to their political benefit.

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