Opinion: Trump's tariffs will hurt local newspapers
Briefly

The opinion piece by Dave Price appeals to President Trump to reconsider or delay the implementation of a 25% tariff on Canadian newsprint. Price argues that such a tariff would severely impact budget constraints and advertising revenues for community newspapers throughout the U.S., which are already operating on thin profit margins. He acknowledges unfair Canadian subsidies but warns that the swift enactment of tariffs could worsen economic strain on American newspapers that are unable to quickly transition to domestic paper sources, potentially harming an essential information resource for local communities.
Community newspapers like ours are vital to readers who want to stay informed and to small businesses who rely on newspapers for advertising.
If the playing field were even, you'd see more U.S. mills getting into the business of producing newsprint, resulting in market prices.
Imposing a 25% tariff on Wednesday is too sudden a move - American mills will not be able to ramp up production to meet demand.
Many newspapers won't be able to absorb this cost increase. Profit margins in the news business are thin already.
Read at Padailypost
[
|
]