President Donald Trump told reporters to expect a 20% tariff on softwood lumber going into the US from Canada.
Talking with members of the US conservative media, he said, “We’re going to be putting a 20% tax on softwood lumber coming in — tariff on softwood coming into the United States from Canada,” according to Charlie Spiering of Breitbart Media.
Trump told reporters, “Canada has treated us very unfairly,” and also threatened a tax on Canada’s dairy industry, according to Trey Yingst of OANN.
US trade secretary Wilbur Ross confirmed the number while talking with Reuters on Monday evening. He said that the duties would affect $5 billion worth of softwood lumber imports from Canada.
Text source: http://globalnews.ca