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

30 drug related offences for 2 men

Police in Delta say 30 charges have been approved against two men related to drug trafficking and firearms offences. They say that the department conducted an investigation into the men, which included executing search warrants in Delta and Richmond in November 2022.

30 drug related offences for 2 men

Man facing manslaughter charge

Mounties in Duncan say a man is now facing a charge of manslaughter for the stabbing death of a 33-year-old-man earlier this year. They say that on July 16th, officers responded to a report of an injured man in the city's downtown and arrived to find the victim suffering from stab wounds.

Man facing manslaughter charge

'I wish my father was here': Tobacco victims hail bittersweet $32.5-billion deal

Under a newly proposed deal, JTI-Macdonald Corp., Rothmans, Benson & Hedges, and Imperial Tobacco Canada Ltd. would pay close to $25 billion to provinces and territories.

'I wish my father was here': Tobacco victims hail bittersweet $32.5-billion deal

Housing, health, and plastic straws: Here's how B.C. politicians are wooing voters

British Columbia's political party leaders have spent the 28-day provincial election campaign wooing voters with promises on critical issues including health care, housing, the cost of living and the environment. Here is a look at some of the top promises made by each major party ahead of election day on Saturday:

Housing, health, and plastic straws: Here's how B.C. politicians are wooing voters

Testy B.C. election campaign sees leaders attacking each other more than policy

British Columbia's election campaign enters its final day in what is viewed as a too-close-to-call contest where David Eby's New Democrats and the B.C. Conservatives led by John Rustad debated big issues of housing, health care, affordability and the overdose crisis, but also tangled over plastic straws and a billionaire’s billboards. The two main party leaders spent a lot of time telling voters why they shouldn't vote for the other rather than presenting their own case for support.

Testy B.C. election campaign sees leaders attacking each other more than policy

House committee to summon RCMP, ministers over allegations of Indian interference

The head of the RCMP and Canada's ministers of foreign affairs and public safety will be summoned to testify at a House of Commons committee about the bombshell allegations made this week about Indian state-sponsored interference in Canada. The national security committee agreed to call RCMP Commissioner Mike Duheme along with Mélanie Joly and Dominic LeBlanc in a special meeting this morning.