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 | May 30, 2017
Heated debate over whether Calif.’s prevailing wage requirement stymies affordable housing
There’s disagreement around how much pay regulations add to cost of projects.
Codes and Standards | May 25, 2017
Technology is influencing parking requirement codes in new developments
Uber and Lyft make it easier for urban dwellers to live without owning cars.
Codes and Standards | May 25, 2017
Better Buildings Challenge Partners on track to reduce energy usage by 20% in 10 years
More than 1,000 proven solutions are now available on DOE web site.
Codes and Standards | May 22, 2017
Affordable housing initiative drives surge in residential unit permits in New York City
New permits tripled from year-ago period.
Codes and Standards | May 22, 2017
Amid labor shortage, industry groups urge government action to boost trades
AGC says a shortage of qualified workers is limiting the economy from adding more jobs.
Codes and Standards | May 19, 2017
Spate of sinkhole incidents points to neglected infrastructure investment
Suddenly appearing caverns cause deaths, evacuations, interruption of utility services.
Codes and Standards | May 18, 2017
AIA releases updated edition of its A201 flagship documents
These core documents are updated once a decade.
Codes and Standards | May 16, 2017
Trump’s proposed corporate tax rate changes said to stifle funding for affordable housing
Banks reluctant to commit to specific deals with tax credit status uncertain.
Codes and Standards | May 15, 2017
New IoT-Ready Alliance to establish standard for IoT sensors in LED light fixtures
It aims to make installation of technology easier.
Codes and Standards | May 10, 2017
OSHA increases penalties on South Dakota contractor after fatal building collapse
Agency issues over $300,000 in fines for ‘willful’ safety violations.
