National

Trump eyeing spring start for lumber tariffs; could new levy stack on current one?

Darpan News Desk The Canadian Press, 20 Feb, 2025 11:03 AM

The list of potential American tariffs that could affect Canada grew Wednesday night when U.S. President Donald Trump dropped the idea of a 25 per cent levy on lumber and forest products.

Speaking to the media onboard Air Force One, Trump said his administration was eyeing some time around April for the latest announced duty.

Earlier this month, Trump paused until March 4th his initially planned 25 per cent tariffs on all Canadian goods and a lower 10-per-cent levy on imports of Canadian energy.

Canada's forestry sector recently described the threatened tariffs as unnecessary and unwarranted, given that the U.S. currently meets only about 70 per cent of its homebuilding lumber needs domestically and uses Canadian lumber to fill the gap.

If the threatened 25 per cent tariff is added on top of current duties already in place, the combined total on softwood exports to the United States will be closer to the 50 or 55 per cent estimate.

The U.S. last raised duties on softwood lumber from Canada in August 2024 from 8.05 per cent to 14.54 per cent.

Prev Next

MORE National ARTICLES

Woman who preyed on Chinese students fined $3.3 million by BC Securities Commission

A woman who used "high-pressure tactics and predatory conduct" on Chinese students has been fined $3.3 million by the BC Securities Commission. The commission says in a statement that a panel ordered Meiyun Zhang to pay an administrative penalty of $2.5 million and more than $790,000 in the traceable cash she's alleged to have obtained through fraud.

Woman who preyed on Chinese students fined $3.3 million by BC Securities Commission

Skier missing at Sun Peaks resort

Police and search crews are on the lookout for a skier missing at Sun Peaks Resort since Tuesday. R-C-M-P say 68-year-old Tomasz Jaholkowski did not appear to return to his hotel room after being seen on surveillance video at a chairlift earlier in the day.

Skier missing at Sun Peaks resort

Inmate death in Abbotsford prison

An inmate at an Abbotsford prison has died while in custody. The Correctional Service of Canada says the 39-year-old male inmate was serving a sentence of more than three years when he died at the Matsqui Institution.

Inmate death in Abbotsford prison

What the upcoming holiday GST relief will mean for consumers

The federal government's GST break will arrive this Saturday, just in time for the last stretch of holiday shopping. Here's a breakdown of what you'll save on and how the relief works.

What the upcoming holiday GST relief will mean for consumers

Climate groups tried to spur action with a Taylor Swift ticket giveaway. Can it work?

While Eras Tour tickets have been used as a magnet for companies and even charities to attract new customers and donors, a campaign called Unite the Swifties took it a step further. The campaign encouraged people who wanted free tickets to engage in escalating actions against RBC, one of the world's largest bank financiers of fossil-fuel companies — and the "Official Ticket Access Partner" for Swift's tour stops in Toronto and Vancouver.

Climate groups tried to spur action with a Taylor Swift ticket giveaway. Can it work?

Canadian officials eyed 'new opportunities' no matter who won U.S. election: memos

Several months before Americans headed to the polls, one internal Global Affairs Canada memo flagged the goal of ensuring Canada's relationship with the United States "will be not only sustained, but broadened and deepened over the years to come, whatever the result of the elections later this year."