END TO CANADA LUMBER TARIFFS URGED CalTrade Report
A small bipartisan group of US lawmakers have sent a letter to the White House asking the Bush Administration to halt duties imposed on lumber imports from Canada, which they said are adding an estimated $1,000 to the cost of a new American home.
The US government slapped a 27% duty on shipments of Canadian softwood lumber in 2001 to punish Canada for allegedly subsidizing timber and selling it in the US below market prices.
Canadian sawmills, which supply about 30% of the softwood lumber used in US housing construction and remodeling, have paid about $2.2 billion in duties. Ottawa has denied any wrongdoing and a recent NAFTA trade panel found the US failed to prove any harm to its lumber industry.