Home News Industry News As U.S. Increases Tariffs On Canadian Lumber, Vermont Companies Wait For Fallout

As U.S. Increases Tariffs On Canadian Lumber, Vermont Companies Wait For Fallout

The U.S. Commerce Department this week slapped a new round of tariffs on Canadian lumber coming into the states, and companies in Vermont are anxious to see how it could affect business.

The move by the Trump administration follows a similar round of duty increases issued in April, meaning some Canadian wood products now carry tariffs as high as 30 percent.

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Source: VPR

 
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