Raising Softwood Lumber Tariffs Will Hurt

Butler & Baird  took a look on our CWPCA member site and found this.

What can we expect from increased lumber tariffs?

Michel Kelly-Gagnon, President and CEO of the Montreal Economic Institute (MEI), and Anthony B. Kim, Research Fellow, and Editor of the Index of Economic Freedom, recently wrote an opinion column that appeared in the Washington Times. Here are their key takeaways:

1  With housing affordability threatened, American home builders are asking the Biden administration to temporarily lift tariffs on building materials.

2  Jacking up duties on Canadian lumber will result in thousands of job losses on both sides of the border.

3  The lumber tariff increases will hit American consumers hard, as lumber costs today remain nearly double what they were pre-pandemic.