Local Newspapers Take A Sucker Punch From Trump Tariffs

The Trump administration's decision to impose tariffs on various countries for various goods has caused trouble — those darned "unintended consequences" — for all kinds of businesses. Add another group to the list: Local newspapers. And, for them, the consequences could be fatal.

The New York Times has a takeout on how the administration’s decision to impose tariffs on Canadian newsprint is hastening the demise of local newspapers across the United States, forcing already-struggling publications to cut staff, reduce the number of days they print and, in at least one case, shutter entirely.

See the full story by Cadie Edmondson and Jaclyn Peiser here.

Photo: In January of 2017 the the U.S. Commerce Department imposed tariffs as much as 32 percent on Canadian newsprint causing paper prices to wildly skyrocket. The new prices may harm newspapers, already operating on razor thin margins, across the United States. (Photo by Natalie Behring/Getty Images)