Canada has recently announced it would impose tariffs on plywood and other products imported from the US. This comes as a response to US-imposed tariffs of 25% on imports of select steel products and 10% on imports of select aluminum products from Canada, the Decorative Hardwood Association. Canada responded by imposing surtaxes or similar trade-restrictive countermeasures on approximately C$16.6 billion in imports of steel, aluminum, plywood, and other US products. Annually, the US exports $83 million of hardwood plywood to Canada and imports $200 ...
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