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A Steeper Tariff on Canadian Softwood Lumber Is Not the Solution


Giovanna Milano is a student at Brown University and a member of the Young Leaders Program at The Heritage Foundation.
Despite lumber prices soaring to a record high of $1,670.50 per thousand board feet, and the housing market booming at a 17.2% price increase from April 2020, the U.S. Commerce Department, rather than helping, plans to impose further burdens on U.S. consumers through increased taxes on imported softwood lumber.
On Friday, the Department of Commerce announced its proposal to more than double tariffs on Canadian softwood lumber to 18.32%, from 8.99%. This dramatic increase, while not yet in effect, creates uncertainty and fear, while simultaneously undermining economic prospects for both the United States and Canada as these countries attempt to recover from the COVID-19 pandemic. ....

United States , Jason Brouchu , Chuck Fowke , Department Of Commerce , National Association Of Home Builders , Us Commerce Department , Pleasant River Lumber Company , Us Lumber Coalition , National Association , ஒன்றுபட்டது மாநிலங்களில் , துறை ஆஃப் வர்த்தகம் , தேசிய சங்கம் ஆஃப் வீடு பில்டர்கள் , எங்களுக்கு வர்த்தகம் துறை , ப்லெஸெஂட் நதி மரம் வெட்டுதல் நிறுவனம் , எங்களுக்கு மரம் வெட்டுதல் கூட்டணி , தேசிய சங்கம் ,

Lumber firms applaud, home builders angry as U.S. moves to double Canadian lumber tariffs


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WASHINGTON - The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders.
New rates vary by company. West Fraser goes from 9 percent to 11.4 percent, Canfor from 4.6 to 21 percent, Resolute Forest from 20.3 to 30.2 percent, and J.D. Irving from 4.2 to 15.8 percent.
The overall increase is from 9 percent to 18.32 percent.
Home builders, who had been urging for a removal of tariffs, expressed their disappointment.
“At a time when soaring lumber prices have added nearly $36,000 to the price of a new home and priced millions of middle class households out of the housing market, the Biden administration’s preliminary finding to double the tariffs on Canadian lumber shipments shows the White House does not care about the plight of American home buyers and renters who have been forced to pay much higher costs for housing, said National Association of Home Builders chairman Chuck Fowke. ....

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U.S. Lumber Coalition: U.S. Department of Commerce's Continued Trade Enforcement Leads to Robust Domestic Lumber Industry Capacity Expansion


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WASHINGTON, May 21, 2021 /PRNewswire/ The U.S. Department of Commerce today issued its preliminary determination in the second administrative review of softwood lumber imports from Canada, and once again confirmed that Canadian imports are heavily subsidized and dumped into the U.S. market by issuing a combined anti-subsidy and anti-dumping duty rate of 18.32%.  
A level playing field is a critical element for continued investment and growth for U.S. lumber manufacturing to meet strong building demand to build more American homes, said Jason Brochu, U.S. Lumber Coalition Co-Chair and Co-President of Pleasant River Lumber Company.  The U.S. Lumber Coalition applauds the Commerce Department s continued commitment to strongly enforce the U.S. trade laws against subsidized and unfairly traded Canadian lumber imports. ....

United States , Jason Brochu , Zoltan Van Heyningen , Commerce Department , Pleasant River Lumber Company , Us Lumber Coalition , Us Department Of Commerce , Us Lumber Coalition Co , Coalition Co Chair , Pleasant River Lumber , ஒன்றுபட்டது மாநிலங்களில் , ஜேசன் ப்ரோச்சு , வர்த்தகம் துறை , ப்லெஸெஂட் நதி மரம் வெட்டுதல் நிறுவனம் , எங்களுக்கு மரம் வெட்டுதல் கூட்டணி , எங்களுக்கு துறை ஆஃப் வர்த்தகம் , எங்களுக்கு மரம் வெட்டுதல் கூட்டணி இணை , கூட்டணி இணை நாற்காலி , ப்லெஸெஂட் நதி மரம் வெட்டுதல் ,