Mrinalika Roy and Seher Dareen of Reuters report that U.S. tariffs on Canadian lumber could push more Canadian mills to relocate to the U.S. South to avoid high duties. They write:
U.S. President Donald Trump’s tariff threat could motivate more Canadian lumber producers to shift to the U.S. southern border while accelerating efforts to find new markets, industry experts said. […]
Levies on Canadian lumber could hit 40% if current duties of 14.54%, and Trump’s proposed 25% tariffs are added. Trump has paused tariffs on goods compliant with the United States-Mexico-Canada Agreement until April 2. […]
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