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U.S. Softwood Lumber Tariffs Hit 45.16%, Straining Construction

12/16/2025

34 7 Full Breakdown

Summary

Story summary

U.S. import taxes on Canadian softwood lumber have surged to 45.16%, with tariffs rising again in January 2026.
The higher tariffs strain the construction industry by raising material and labor costs.
The National Association of Home Builders notes the Housing Market Index remains low.
Canada's government has launched a Forest Sector Transformation Task Force to boost competitiveness and promote domestic wood use.

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Story summary

U.S. import taxes on Canadian softwood lumber have surged to 45.16%, with tariffs rising again in January 2026.
The higher tariffs strain the construction industry by raising material and labor costs.
The National Association of Home Builders notes the Housing Market Index remains low.
Canada's government has launched a Forest Sector Transformation Task Force to boost competitiveness and promote domestic wood use.