Canadian lumber producers could raise prices by 25% if Trump imposes tariffs
The threat of a 25% tariff on Canadian softwood lumber exports to the U.S. is raising significant concerns within the industry, with experts warning that it could trigger panic buying and further disrupt lumber markets. Canadian lumber producers, already burdened with an average 14.4% import duty on U.S. shipments, are reportedly preparing to raise prices by 25% to account for the potential new tariff, adding fuel to market uncertainty. Some U.S. buyers have already begun to take precautions, fearing that ...
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