The U.S. Commerce Dept. on Nov. 24 followed through with expected anti-dumping and countervailing duties on Canadian softwood lumber, placing tariffs of 17.99% on their imports—more than twice the 8.99% rate imposed during the Trump administration.
“These unjustified duties harm Canadian communities, businesses and workers,” said Mary Ng, Canada’s minister of international trade, in a statement. “They are also a tax on U.S. consumers, raising the costs of housing, renovations and rentals at a time when housing affordability is already a significant concern for many.”