US Hits Canada Lumber With 34% Duties Even Before Trump Tariffs

The US is poised to more than double duties on Canadian softwood lumber to 34.45%, putting more pressure on US materials costs even before President Donald Trump places any new tariffs on the sector.

The US currently levies countervailing and anti-dumping duties totaling 14.4%, a level that was set last year. Those are now set to rise another 20 percentage points, according to a Department of Commerce memo.

Trump has threatened, but not yet imposed, further import taxes on lumber. The president has ordered a national security investigation into US imports of wood and has said the US doesn’t need ...