50% Tax on Canadian Toilet Paper Could Raise Prices With No Quick Fix

Canada is the biggest foreign source of toilet paper for the US — $328 million worth in 2024. American makers also need Canadian wood pulp. A new 50% tax on those imports (a tariff, paid at the border) leaves few alternatives fast. Procter & Gamble warned this would push prices up. Americans use 141 rolls a year — the most in the world.