Commodities
US Lumber Industry Set to End Canada’s Dominance as Tariffs Take Toll
- Softwood lumber capacity has been climbing in the US South
- Duties on Canadian lumber have helped build up the US industry
The US hiked import duties on Canadian softwood lumber by almost 81% in August.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
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The southern US is poised to surpass Canada’s long-held dominance over the North American lumber industry as decades of trade restrictions take a toll.