US imports of softwood from Russia, Germany jump
Aug. 22, 2017 - The trade dispute between the U.S. and Canada over softwood lumber has caused a clear jump in U.S. imports of lumber from overseas, specifically Russia and Germany.
Imports from Russia are 42 per cent higher in 2017 compared to last year, and Germany imports are up more than 900 per cent, according to reports published by The Globe and Mail.
RBC analyst Paul Quinn told The Canadian Press countervailing and antidumping duties imposed since the spring have already cost Canadian lumber producers an estimated $500 million.
Read more about the increase of imports from Russia.
Read more about Germany‘s imports jump.