Trump Admin Imposes Higher Tariffs on Canadian Lumber

Trump Admin Imposes Higher Tariffs on Canadian Lumber

Wood for processing is stacked at the C.A. Spencer sawmill in Lachute, Canada, on April 10, 2025. Andrej Ivanov/Getty Images

The U.S. Department of Commerce has finalized its latest review of countervailing duties on Canadian softwood lumber, more than doubling the rate for most producers in a decision that drew criticism from Canadian officials and industry groups.

The department said in an Aug. 8 release that its latest annual administrative review found that Canadian lumber was “unfairly subsidized” at rates ranging from just over 12 percent to nearly 17 percent.

Original News Source Link – Epoch Times

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