Canada, U.K. Book Trade Tariffs Update: A Waiting Game
Following U.S. President Donald Trump's tariff announcements last week, the situation will apparently not change for the time being for Canadian publishers, printers, and booksellers, Quill & Quire reported. Neither Canada nor Mexico were included in the many tariffs announced last Wednesday, April 2.
The Canadian government had enacted counter-tariffs on $30 billion worth of goods crossing into Canada from the U.S. on March 4. A second round of 25% counter-tariffs, which would have included adult and children's books as well as paper, was expected to take effect on April 2, but on April 3, the Canadian government said its new tariffs would target only the auto industry (in reaction to earlier Trump tariffs on Canadian autos).
Laura Carter, executive director of the Canadian Independent Booksellers Association, which had partnered with Indigo last month to write a letter to Prime Minister Mark Carney asking him to exclude books from the upcoming counter-tariff measures, "was cautiously interpreting the focus on the auto sector as an indication that books may continue to be excluded from tariffs, but is hopeful there will soon be official word from the Canadian government about how books will or won't be affected," Q&Q noted.
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In the U.K., the Bookseller reported that documents published by the White House after Trump's announcement "suggest that printed books may be exempt from the U.S. tariffs under the First Amendment. The tariff documents include an annex of exemptions (in full here) that includes 'Printed books, brochures, leaflets and similar printed matter in single sheets, whether or not folded,' as well as 'printed dictionaries and encyclopedias and serial installments thereof' and 'printed books, brochures, leaflets and similar printed matter, other than in single sheets.' "
Meryl Halls, managing director of the Booksellers Association, said: "While books thankfully appear exempt from the recent U.S. trade tariffs, the disruptive economic ripple effect caused by them will still be of real concern for most bookshops--if it exacerbates the cost-of-living crisis and further erodes consumer confidence."
Some major publishers contacted by the Bookseller had declined at this early stage to comment on the implications of the tariffs, but "distribution services and booksellers are warning that the uncertainty caused by tariffs will make it harder for books to reach U.S. shores, even if the exemption is proven."
"The biggest practical issue right now is information. Nobody knows what's happening," said Davinder Bedi, managing director of BookSource. "No one's got the finer detail. Or the finer detail is quite hard to find, if it's out there at all. I have been speaking to a number of our key clients who ship large amounts over to the U.S. regularly, and they're still trying to scramble for information."