The Canadian Wool Council has raised concerns about the impact of newly imposed U.S. tariffs on Canadian wool and other products.
Matthew J. Rowe, Chairman of the Canadian Wool Council, said the latest measures could create significant challenges for the North American wool and textile industries.
Rowe noted that Canadian and American businesses depend heavily on cross-border trade involving raw wool, yarns, knitwear, felts, sweaters, blankets, upholstery, carpets, suits and toques.
The council warned that higher tariffs could increase costs, disrupt established supply chains and make Canadian wool products less competitive in the U.S. market.