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re: So, about that tariff: Just got hit with $11K adder notice
Posted on 3/7/18 at 4:27 pm to Ag Zwin
Posted on 3/7/18 at 4:27 pm to Ag Zwin
So much ignorance in this thread.
For those saying "there is no tariff in place" and "just use american steel":
To use an example that isn't tied directly to Trump, in 2015 the Softwood Lumber Agreement between the US and Canada expired in October 2015. After the expiration there was a 12 month moratorium where Canada was able to continue shipping in to the US tariff-free.
During the moratorium, several US producers filed for trade protection with the US government, stating that Canadian Timber is heavily subsidized and gave Canadian Mills an unfair advantage and asked for both countervailing and anti-dumping duties to be levied against Canadian producers.
The US Trade Commission investigated and made a preliminary determination in favor of the petition in January of 2017.
Lumber prices from both US and Canadian producers immediately rose roughly ten percent.No percentages were discussed by the trade commission. Just a general statement that there was enough evidence for the investigation to continue.
In April of 2017, the commission levied an average countervailing duty of nearly twenty percent on Canadian lumber producers. The price of lumber from both Canadian and US producers immediately rose an additional twenty percent.
TL/DR: The possibility of a duty on Canadian lumber raised the prices on all lumber by 10% and once the actual duties were announced all lumber increased by the amount of the duties levied.
![](https://images.tigerdroppings.com/Images/icons/casty.gif)
For those saying "there is no tariff in place" and "just use american steel":
![](https://i.imgur.com/qGhiEIe.gif)
To use an example that isn't tied directly to Trump, in 2015 the Softwood Lumber Agreement between the US and Canada expired in October 2015. After the expiration there was a 12 month moratorium where Canada was able to continue shipping in to the US tariff-free.
During the moratorium, several US producers filed for trade protection with the US government, stating that Canadian Timber is heavily subsidized and gave Canadian Mills an unfair advantage and asked for both countervailing and anti-dumping duties to be levied against Canadian producers.
The US Trade Commission investigated and made a preliminary determination in favor of the petition in January of 2017.
Lumber prices from both US and Canadian producers immediately rose roughly ten percent.No percentages were discussed by the trade commission. Just a general statement that there was enough evidence for the investigation to continue.
In April of 2017, the commission levied an average countervailing duty of nearly twenty percent on Canadian lumber producers. The price of lumber from both Canadian and US producers immediately rose an additional twenty percent.
TL/DR: The possibility of a duty on Canadian lumber raised the prices on all lumber by 10% and once the actual duties were announced all lumber increased by the amount of the duties levied.
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