Canada Imposes Tariffs on U.S. Plywood Imports

Washington, DC, June 8, 2018-Canada is imposing tariffs on plywood and other products imported from the U.S., reports the Decorative Hardwoods Association.

The move is in response to U.S.-imposed tariffs of 25% on imports of select steel products and 10% on imports of select aluminum products from Canada.

“Canada responded by imposing surtaxes or similar trade-restrictive countermeasures on approximately C$16.6 billion in imports of steel, aluminum, plywood, and other U.S. products… Annually, the U.S. exports $83 million of hardwood plywood to Canada and imports $200 million from Canada.”