Many of these wood products from Canada are already subject to tariffs, with the current rate at 14.5%. ... “Total imports of sawmill and wood products from Canada in 2023 was $5.8 billion.

This policy has sparked intense debate, raising the question of whether it is a calculated protectionist strategy to ...

On March 4, the US implemented tariffs on Canadian lumber and wood products of 25%. This 25% tariff is in addition to the current 14.54% countervailing duty on lumber imports from Canada, bringing ...

President Trump said Monday evening from the White House that he is aiming to place 25% tariffs on imports from Canada and Mexico on Feb. 1. Trump made the comment even as he plans to direct ...

The U.S. is poised to more than double duties on Canadian softwood lumber to 34.45%, putting more pressure on U.S. materials costs even before any new tariffs on the sector.

Canada has effectively suspended almost all of its retaliatory tariffs on U.S. products, tamping down inflation risks and improving its growth outlook, according to Oxford Economics.

Levies on Canadian lumber could hit 40% if current duties of 14.54%, and Trump's proposed 25% tariffs are added. Trump has paused tariffs on goods compliant with the United States-Mexico-Canada ...

Costs are mounting for the U.S. defense industry, critical infrastructure, and relations with partners and allies.

"The G-7 summit in Alberta is going to be important for several reasons," Carney said. Asked whether a deal is possible, Carney said Canada is prepared to take the time necessary to clinch a pact ...

Canada’s chief diplomat to the Rocky Mountain region said the U.S. tariffs on Canadian goods are causing angst among Canadians about that country’s economic future. Sylvain Fabi, the Canadian ...