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trump-admin-imposes-higher-tariffs-on-canadian-lumber
Trump Admin Imposes Higher Tariffs on Canadian Lumber

Trump Admin Imposes Higher Tariffs on Canadian Lumber

Last updated: August 10, 2025 4:48 pm
By Tom Ozimek
1 Min Read
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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.

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TAGGED:BusinessCanadaEconomic PoliciesEconomyFeatured Canadian NewsGlobalTariffsTop Canadian NewsUSUS NewsUS PoliticsWorld News
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