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flag US President Trump considers additional 25% tariff on Canadian lumber, potentially raising duties to 50-55%.

flag US President Donald Trump is considering a 25% tariff on Canadian lumber and forest products, potentially starting in April. flag This would add to existing 8.05% to 14.54% duties, creating a combined rate of around 50-55%. flag The US, which meets only 70% of its lumber needs domestically, relies heavily on Canadian imports. flag Canada's forestry sector claims the tariffs are unnecessary. flag Trump had initially paused broader tariffs on Canadian goods until March 4th.

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