Additional tariffs on softwood lumber, some wood products now in effect

New U.S. tariffs on Canadian lumber and wood products announced last month are now in effect. They include a global tariff of 10 per cent on all softwood lumber and timber entering the U.S., on top of the 35 per cent duty already in place. Some finished wood products, like cabinets, vanities and upholstered furniture, are also being hit with a 25 per cent tariff with a further increase coming Jan. 1.