US to impose tariffs on Canadian softwood lumber exports
The Trump administration will impose tariffs on Canadian exports of softwood lumber to the US after concluding that Canada subsidises the industry in a way that is detrimental to the US. Wilbur Ross, US commerce secretary, told the Financial Times that the US would impose tariffs ranging from 3 per cent to 24 per cent on five Canadian lumber exporters. The Canadian companies are Canfor, J.D. Irving, […]