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US President Trump considers additional 25% tariff on Canadian lumber, potentially raising duties to 50-55%.
US President Donald Trump is considering a 25% tariff on Canadian lumber and forest products, potentially starting in April.
This would add to existing 8.05% to 14.54% duties, creating a combined rate of around 50-55%.
The US, which meets only 70% of its lumber needs domestically, relies heavily on Canadian imports.
Canada's forestry sector claims the tariffs are unnecessary.
Trump had initially paused broader tariffs on Canadian goods until March 4th.
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El presidente estadounidense Trump considera un arancel adicional del 25% sobre la madera canadiense, elevando potencialmente los aranceles al 50-55%.