NAM, AF&PA Caution Against Tariffs On Mexico, Canada
dia Sheinbaum had agreed to provide 10,000 soldiers at the border. Meanwhile, Prime Minister Justin Trudeau said that Canada would respond with a 25 percent tax on bil- lions of US imports including pulp and paper, and corrugat- ed and paperboard packaging. China, meanwhile, promises to hit back with a 15 percent tax on some types of coal and liquefied natural gas and a 10 percent tariff on crude oil, agricultural machinery, and large-engine cars and pickup trucks. National Association of Manufacturers President and CEO Jay Timmons released the following statement on Feb. 1: “Manufacturers understand the need to deal with any sort of crisis that involves illicit drugs crossing our border, and we hope the three countries can come together quickly to confront this challenge. “At the same time, protecting manufacturing gains that have come from our strong North American partnership is vital. The success of President Trump’s landmark trade agreement, the United States-Mexico-Canada Agreement, has strengthened North American supply chains and bol- stered economic power across the region, boosting jobs, wages, and investments here in the United States. “Thanks to this agreement, one-third of critical U.S. man- ufacturing inputs now come from Canada or Mexico, rather than from competitors like China that often engage in unfair trade practices. A 25 percent tariff on Canada and Mexico threatens to upend the very supply chains that have made CONTINUED ON PAGE 10
Prior to President Donald Trump pausing 25 percent tar- iffs on Canada and Mexico, both the National Association of Manufacturers and the American Forest & Paper Asso- ciation (AF&PA) had released cautionary statements: Said AF&PA President and CEO Heidi Brock: “The American Forest & Paper Association supports free and fair-trade practices, and we rely on Canada and Mexico as key trading partners. In 2024 alone, total two-way trade for pulp and paper products with Canada was over $14 billion and total two-way trade with Mexico was over $5 billion. These tariffs have the potential to seriously disrupt the U.S. forest products industry’s complex, cross-border supply chains that employ more than 900,000 people. “We strongly encourage the Canadian and Mexican governments to quickly come to the negotiating table to address concerns raised by the U.S. Government. It is imperative we return to normal free and fair trade soon to avoid longer term disruption to U.S. pulp, paper and packaging manufacturing operations. “We look forward to working with the Administration to provide our industry’s perspective and important data to inform these consequential discussions.” On Feb. 3, Trump announced that tariffs in Mexico would be delayed a month after Mexico President Clau-
We’ve got our customers covered… …with our fiberglass backed, boltless, full double-wide blankets and an extensive inventory of corrugated parts needed by virtually every box plant in the country. The innovator of the original fiberglass-backed knuckle locking anvil cover, Stafford is the industry’s go-to source for everything corrugated. TM
www.go2stafford.com 800-282-5787 IS THE MANUFACTURER OF STAFFORD ANVIL COVERS ®
8
www.boardconvertingnews.com
February 10, 2025
Made with FlippingBook flipbook maker