US builders welcomed tariff cuts on Canada's timber from 17.99% to 11.64%

Posted on February 16, 2022   |  

• The U.S. Department of Commerce will cut tariffs on Canadian sawn softwood imports into the country from 17.99% to 11.64%.
• Reducing these rates is important for handling America's rising affordability crisis and mitigating lumber market price changes that added over $18,600 to new home prices, since late summer.