🚨🚨MAJOR BREAKING
The USA CRUSHES Canada with 35% softwood lumber tariffs, more than doubling them from April levels
this, only 2 days after Carney announced he would subsidize the Canadian lumber industry.
They are moving rapidly now. pic.twitter.com/5aZmVJfDRi
— Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) August 9, 2025
Trump hit Canada with 35% lumber tariffs. Days after Carney pledged $1.2 billion in subsidies. That’s not negotiation. That’s retaliation.
“Donald Trump was back in tariff mode… he raised tariffs on Canadian goods from 25% to 35%. These tariffs will apply to goods that fall outside of the U.S.-Canada-Mexico trade agreement.” https://www.msn.com/en-us/money/other/donald-trump-slaps-canada-with-35-tariffs-as-august-1-deadline-passes-update/ar-AA1JI70x
The move came hours after Canada announced $700 million in loan guarantees and $500 million in long-term support for its softwood industry. https://globalnews.ca/news/11324819/softwood-lumber-duties/
The U.S. says Canada’s stumpage fees are unfair subsidies. Canada says the U.S. is weaponizing trade.
“The U.S. Department of Commerce says it has made a final decision to more than double countervailing duties on Canadian softwood lumber imports… bringing the total duty level to 35.19%.” https://ca.news.yahoo.com/u-increases-duties-canadian-softwood-221323055.html
B.C. trade groups say the tariffs will crush forestry towns. U.S. builders say it’ll drive up housing costs.
“Tariffs have already added up to $6,000 U.S. to the cost of building a single-family home in the United States.” https://ca.news.yahoo.com/u-increases-duties-canadian-softwood-221323055.html