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Howard Hedstrom on timber tariff changes

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The U.S. Department of Commerce has said it has concluded that imports of Canadian softwood lumber are being unfairly subsidized. In a statement released Nov. 2, the Department of Commerce said efforts to reach a negotiated agreement with Canada have failed.

Canada called the decision on countervailing and anti-dumping duties on lumber "unfair, unwarranted and deeply troubling."

This is the latest salvo in a lengthy dispute between the two countries.

The United States has set final total tariffs for most Canadian softwood lumber producers at 20.8 percent. A handful of producers were singled out for individual duties, including one of up to 23.8 percent.

WTIP checked in with Howard Hedstrom, president of Hedstrom Lumber Company, on how the tariffs may impact his business. Here's Rhonda Silence with that report. 
 

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