The U.S. Commerce Department has finalized tariffs on Canadian softwood lumber.
The imposed duties would add 20% or more to the cost of this material. The tariffs will go into effect at the end of November if U.S. trade officials confirm that improper subsidies and dumping practices from Canada have hurt the U.S. softwood lumber industry.
Both U.S. and Canadian officials have indicated that they would rather come to agreement on a deal without any tariffs. This disagreement over a softwood trade deal is part of a decades-long battle between the U.S. and Canada.
The U.S. contends that the Canadian government subsidizes its producers, enabling them to sell to U.S. consumers at below-market rates. The threat of tariffs has inflated U.S. lumber prices recently. About one-third of the U.S. softwood lumber market originates from Canada.
Related Stories
Codes and Standards | Apr 12, 2018
Corruption in New York City construction industry is common
Scale of projects, number of players involved contributes to problem.
Codes and Standards | Apr 11, 2018
Urgent need for government to make communities, infrastructure more resilient
More than 350 people died from extreme weather events in 2017.
Codes and Standards | Apr 10, 2018
Boosting energy efficiency helps reduce health risks
Cleaner air results in fewer heart attacks, respiratory disease, and premature deaths.
Codes and Standards | Apr 9, 2018
U.K. business leaders call for zero-carbon buildings by 2030
Real estate, construction industry executives among those supporting the goal.
Codes and Standards | Apr 5, 2018
In Houston, proposed rules would require building above 500-year flood level
Change would impact 85,739 pieces of property.
Codes and Standards | Apr 4, 2018
New ASTM standard supports stucco use in construction
Provides way to measure tensile strength in vertical applications.
Codes and Standards | Apr 3, 2018
LEED v4.1 O+M for Existing Buildings available for beta testing
Update said to be most inclusive and transparent platform to date.
Codes and Standards | Apr 2, 2018
Experts chosen for ICC, ANCR buildings resilience benchmarks project
Specialists to focus on community preparedness for disasters.
Codes and Standards | Mar 29, 2018
Contractors have paid $5.2 million for failing local resident employee mandate on Detroit arena
Companies were only able to meet half of the 51% local worker requirement over course of the project.
Codes and Standards | Mar 28, 2018
Washington State moving to promote mass timber construction with legislation
Bill would require all 12-story or less public buildings to be built with mass timber.