Report: U.S.-Canada lumber rumble already increasing prices, hurting U.S. businesses
An escalating fight between the U.S. and Canada over softwood lumber is already having an effect on U.S. businesses, with wood prices skyrocketing as U.S. tariffs loom. Bloomberg notes that the two countries , which have been unable to strike a new deal on softwood lumber after the expiration of a litigation standstill last year, are anticipating the imposition of U.S. tariffs as soon as this month as the Trump administration waits on a U.S. Trade Representative and deals with...