The United States Department of Commerce announced late last week that they would proceed with an administrative review to increase the tariffs on Canadian lumber shipments from 9% to 17.9%.
In response to that action, the ABMA delivered a letter to Commerce Secretary Gina Raimondo opposing the increased tariffs and calling for a renewed urgency towards reaching a long-term Softwood Lumber Agreement (SLA) with Canada.
A new SLA would bring stability and predictability to the pricing and availability of softwood lumber. The ABMA stands ready to work with the Biden Administration to help support initiatives that will lead to a negotiated agreement as soon as possible.
To read the ABMA letter to Commerce Secretary Raimondo, please click the button below.