Trump's 50% tariffs force indefinite closure of Quebec paper mill, threatening Canadian town's survival
A century-old paper mill in Témiscaming, Quebec, has indefinitely closed in early October after the US imposed 50% tariffs on its products, leaving 360 employees out of work. Residents are fighting to save the town, which was built around the mill, as property values have plummeted and essential services face collapse. The tariffs, part of an ongoing trade dispute, have created pockets of deep pain in Canadian industries like lumber, pulp, and paper, raising questions about the government's support for affected sectors.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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