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Trump Adjusts Canada Tariffs: Plywood and Packaging Removed

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The signal

The Trump administration has modified its tariff approach on Canadian imports, removing the 50% tariff on plywood and specific packaging materials effective October 30, while simultaneously adding tariffs to other goods. This selective tariff adjustment creates relief for certain supply chains while maintaining pressure on others, requiring procurement teams to reassess sourcing strategies and cost structures for affected materials.

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