Story perspectives
Carney Faces U.S. Tariff Threat in Lumber Dispute
7/17/2025
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Story summary
- Prime Minister Mark Carney focuses on addressing the Canada-U.S. softwood lumber dispute as U.S. tariffs may rise to 34.45% by September.
- Canadian softwood exports have faced duties since 2017, after the 2006 Softwood Lumber Agreement expired.
- Ongoing negotiations may still see some U.S. tariffs persist in a new trade agreement.
- Critics claim Carney's concessions to Trump could jeopardize Canadian trade interests.
