Money

Trump: 20% tariff on Canadian lumber

Written by Teunis Felter

The United States has fired the opening shot in a latest softwood-lumber war against Canada, with the Trump administration announcing its first batch of duties on imported wood in the neighborhood of 20 per cent. The move was expected: the historic dispute over lumber pricing has led to once-a-decade trade skirmishes over the issue, resulting in American duties, then the inevitable court battles, and ultimately negotiated settlements.

http://www.msn.com/en-ca/money/markets/trump-20percent-tariff-on-canadian-lumber/ar-BBAhAzS

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.