Trump's tariffs could leave Americans without toilet paper – Bloomberg.

Tariffs on lumber from Canada, which US President Donald Trump promised to impose, could lead to supply issues for toilet paper in the country. This was reported by Bloomberg.

The Trump administration plans to increase tariffs on Canadian lumber to 27% with the possibility of introducing additional fees that could raise the tariff rate to over 50%.

According to Bloomberg, the new tariffs proposed by Trump could affect the supply of kraft pulp harvested from coniferous wood, which is an important component in the production of toilet paper and paper towels. Most of this material is supplied from Canada, and the US imported about 2 million tons of Canadian kraft pulp last year.

This decision could lead to a shortage of toilet paper, which was already recorded during the COVID-19 pandemic when people hoarded products or before price increases.

Donald Trump spoke about a possible reduction of tariffs for China in order to finalize a deal regarding the sale of TikTok. This information is reported by Reuters. 'Maybe I'll give them a little reduction in tariffs or something else to get it done,' Trump said.

Additionally, the US president stated that he may exempt certain countries from tariffs under mutually beneficial conditions. He noted that he could be 'even better' and offer relief from reciprocal tariffs to countries that made significant investments, like Hyundai.