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News » US » NAHB criticizes increased import tariff on Canadian lumber » published 29 Jun 2017

NAHB criticizes increased import tariff on Canadian lumber

The chairman of the National Association of Home Builders (NAHB) has criticized the US Commerce Department’s plan to impose up to 7.7% anti-dumping duties on Canadian lumber imports.

Granger MacDonald said: “This latest action by the Commerce Department to impose anti-dumping duties of up to more than 7% on Canadian lumber shipments into the US is basically another tax on American home builders and home buyers that will jeopardize affordable housing in America.”

The USA had already announced a 20% lumber duty in April (link to TCI's Canadian site opens in new tab).

“Adding this new tariff to the proposed 20% countervailing lumber duty that the Trump administration slapped on imports of lumber this spring means that total tariffs would be a whopping 27%,” said MacDonald. “Given that lumber is a major component in new home construction, the combined duties will harm housing affordability and price countless American households out of the housing market.”

He added that, with the US housing sector regaining its footing, imposing arbitrary protectionist restrictions to subsidize domestic lumber producers will blunt this forward momentum and make homeownership more expensive for hard-working families. “Clearly, this is not the way to resolve the US-Canada lumber trade dispute or to boost the American economy,” he said.

The US relies on Canada for approximately one-third of its lumber needs because of the limited domestic timber supply available for harvesting, according to the NAHB. “Policymakers need to take steps to significantly reduce red tape that prevents the US Forest Service from better managing its timber lands and increase the delivery of domestic timber products into the market.”


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This article was published on 29 Jun 2017 (last updated on 29 Jun 2017).

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