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Cloud Peak Stock Price Drops Amid Fears Of Trade Retaliation

Montana timber companies are happy that President Trump has slapped new import taxes on Canadian forest products, but backlash is hurting a coal company here. On Wednesday the premier of British Columbia asked Canadian Prime Minister Justin Trudeau to retaliate against the timber tariffs by shutting down U.S. access to a seaport in Vancouver. That letter caused the stock price of Cloud Peak Energy to drop by 10 percent yesterday.

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