Godlike Productions - Discussion Forum
Users Online Now: 1,814 (Who's On?)Visitors Today: 649,134
Pageviews Today: 1,229,347Threads Today: 466Posts Today: 9,341
04:11 PM

Rate this Thread

Absolute BS Crap Reasonable Nice Amazing

Biden moves to DOUBLE tariffs on Canadian lumber

hatchet man
Offer Upgrade

User ID: 80397751
United States
05/27/2021 04:05 PM
Report Abusive Post
Report Copyright Violation
Biden moves to DOUBLE tariffs on Canadian lumber
Despite record high prices for lumber and a 13.4% drop in new housing starts last month, Biden moves to DOUBLE tariffs on Canadian lumber.

After more than quadrupling their quarterly profits and only increasing lumber production by 20% compared to quarter 1 of 2020, have the 5 big lumber companies stepped up to play with "10% for the big guy" as well?

Tariffs are a fluid thing, IMO. When foreign imports swamp a country and price domestic production out of the market, they are needed. When domestic producers get too greedy and harm the construction industry with price gouging and "shortages", it's time to look at a reduction of tariffs to balance the playing field.

[link to www.prnewswire.com (secure)]
hatchet man