flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

U.S. announces preliminary tariffs on Canadian softwood lumber

Codes and Standards

U.S. announces preliminary tariffs on Canadian softwood lumber

The rates range from 3% to 24% per producer.


By Peter Fabris, Contributing Editor | May 2, 2017

Pixabay Public Domain

The U.S. Department of Commerce recently announced preliminary tariffs on Canadian softwood lumber, ranging from 3.02% to 24.12% per producer.

The average import tax is 20%. The move is intended to help U.S. lumber producers compete with Canadian producers.

The U.S. International Trade Commission investigated whether Canadian producers' sourcing timber from government-owned land allows them to buy a product at a lower cost than U.S. producers, which typically source timber from private land. The tariffs are expected to generate $1 billion in revenue on imports of about $5 billion annually.

The duties were lower than analysts had expected, according to a Bloomberg report. The U.S. may also add antidumping duties, though, if allegations that Canadian producers are selling product at below-market rates in the U.S. are proven. The issue of volume and pricing of Canadian softwood lumber exports to the U.S. has been the source of a decades-long trade dispute between the two countries.

Related Stories

Green Specifications | Jul 26, 2016

New Miami Beach law requires LEED certification on projects larger than 7,000 sf

LEED Silver the prescribed standard on buildings larger than 50,000 sf.

Energy | Jul 25, 2016

Michigan law provides local governments with flexible energy conservation financing

Allows cities to fund projects without adding debt.  

Contractors | Jul 15, 2016

Trade unions, contractors call for maximum penalty in construction worker death case

‘Sick and tired’ of lawbreaking contractors defining public perception.  

Multifamily Housing | Jul 14, 2016

Portland, Ore., City Council approves construction excise tax for affordable housing

Expected to raise $8 million annually on commercial and residential projects.  

Drones | Jul 13, 2016

FAA issues final rule on commercial use of drones

The rule covers commercial uses for drones that weigh less than 55 pounds, and it takes effect Aug. 29.  

Codes and Standards | Jul 12, 2016

OSHA raises maximum civil penalties by 78%

Applies to infractions that occurred after Nov. 2, 2015.  

School Construction | Jul 11, 2016

Fight over school funding in Arizona headed to court

Legislature accused of ignoring 1994 ruling ordering state to pick up some of the costs.  

Green Specifications | Jul 8, 2016

World Green Building Council sets goal of 100% net-zero buildings by 2050

All new buildings and major renovations to be net-zero by 2030.  

Market Data | Jul 7, 2016

Airbnb alleged to worsen housing crunch in New York City

Allegedly removing thousands of housing units from market, driving up rents.

Urban Planning | Jul 7, 2016

Y Combinator project would build new city using new technology, urban policies

Zoning, property rights, building codes all could be re-imagined.  

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021