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Trump’s additional tariffs on lumber are ‘misguided and unnecessary’: BC Lumber Trade Council
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CityNews Vancouver
B.C.’s lumber industry criticizes U.S. President Trump’s announcement to increase the duties on Canadian lumber.
The BC Lumber Trade Council (BCLTC) called the additional increase “misguided and unnecessary.”CLICK HERE TO LISTEN TO 1130 NEWSRADIO VANCOUVER LIVE!
This new levy means that Canadian softwood lumber entering the U.S. will see total import taxes exceeding 45 per cent.
The U.S. announced the tariffs under its Trade Expansion Act, allowing the imposition of tariffs on the basis of national security.
lumber faces higher duties than Russian lumberIn the meantime, Premier David Eby says the softwood lumber industry is “under direct attack” as it is “completely absurd” that softwood lumber exports from B.C.