Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Price analysis and info / Wood construction / Wood Products / Global / North America
May 25, 2021
US lumber producers applaud the doubling of tariffs, homebuilders angry
The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders. New rates vary by company. West Fraser goes from 9 percent to 11.4 percent, Canfor from 4.6 to 21 percent, Resolute Forest from 20.3 to 30.2 percent, and J.D. Irving from 4.2 to 15.8 percent. The overall increase is from 9 percent to 18.32 percent. Home builders, who had been urging for a removal of tariffs, expressed their ...
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