U.S. Softwood Lumber Tariffs: Canadians Slam “Anti-Dumping” Duties, Housing Costs, and Trump
The U.S. Commerce Department has imposed anti-dumping duties of 20.56% on Canadian softwood lumber, sparking criticism from B.C. lumber organizations and government officials who view the move as unjustified and protectionist amidst a growing trade war. This decision is expected to significantly impact B.C.’s forestry industry, already struggling with challenges like mill closures and job losses. The B.C. government is urging the federal government to prioritize the softwood lumber industry in trade discussions with the U.S. The implications extend to U.S. consumers, potentially leading to increased home-building costs due to higher lumber prices. Furthermore, the U.S. has initiated a federal investigation into U.S. lumber and timber imports citing national security.
John Q. Hosedrinker