Economy · World
US sets softwood lumber export tax at nearly 35%
The United States has finalized a countervailing duty rate of nearly 35% on Canadian softwood lumber exports. This decision follows a review by U.S. authorities concerning subsidies provided to Canadian lumber producers. The new tax rate will impact the cost of Canadian lumber entering the U.S. market.
How outlets across the spectrum covered it
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- Centre (3): CBC News, CTV News, Toronto Star