Canadian sawmills are warning of price hikes for U.S. customers as President-elect Donald Trump threatens to impose a 25% tariff on all Canadian imports. This new levy would come on top of existing softwood lumber duties, which currently stand at 14.4% for most producers. “A number of Canadian lumber companies are now advising customers that they will add 25% to lumber exports to the U.S.,” said a Vancouver-based forestry analyst. “They have no alternative but to increase prices to cover the potential tariff.” The move comes amid escalating trade tensions as Trump prepares ...
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