The Trump administration is hitting Canada with stiff tariffs of up to 24% on lumber shipped into the United States.
These
are the first tariffs imposed by President Trump, who during his
election campaign threatened to use them on imports from both China and
Mexico.
The duties were imposed to create a level playing field for American lumber companies.
The move came after there was no breakthrough in U.S. talks on Canadian dairy tariffs. Canada has long taxed U.S. diary products. Some U.S. milk exports, depending on the fat content, face tariffs as high as 292%, according to Canada’s Agriculture Department.
The Trump administration is hitting Canada with stiff tariffs of up to 24% on lumber shipped into the United States.
These
are the first tariffs imposed by President Trump, who during his
election campaign threatened to use them on imports from both China and
Mexico.
The duties were imposed to create a level playing field for American lumber companies.
The move came after there was no breakthrough in U.S. talks on Canadian dairy tariffs. Canada has long taxed U.S. diary products. Some U.S. milk exports, depending on the fat content, face tariffs as high as 292%, according to Canada’s Agriculture Department.
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