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CBC Canada

Additional tariffs on softwood lumber, wood products now in effect

CBC Canada · Current
CBC Canada
CBC Canada
Current

New U.S. tariffs on Canadian lumber and wood products announced last month are now in effect. They include a global tariff of 10 per cent on all softwood lumber and timber entering the U.S., on top of the 35 per cent duty already in place.

Breakdown
  • The U.S. has implemented new tariffs on Canadian softwood lumber and wood products. 10s
  • Canadian officials are seeking ways to have the tariffs lifted, including potential quota arrangements. 16s
  • The tariffs include a 10% increase on lumber and a 25% tariff on Canadian-made kitchen cabinets. 2m 17s
  • Both Canadian and American industries are affected, with concerns about job losses and higher housing costs. 2m 32s
  • Canadian leaders are prioritizing the removal of tariffs in ongoing negotiations with the U.S. 2m 56s
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Global Tariffs

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.