Canada takes action against latest US softwood lumber tariff increases

Posted on September 16, 2024   |  

Canada is challenging the recent increase in US softwood lumber duties.

Two legal challenges have been launched under the Canada-United States-Mexico Agreement (CUSMA).

Canada argues the duties are unfair, hurt its lumber industry, and raise housing costs.

In August, the US nearly doubled the duties from about 8% to over 14.5%.

This increase is part of the US's fifth review of softwood lumber duties.