Report: Trump Slaps Duty on Canadian Lumber, Intensifying Trade Fight

Bloomberg reports that President Trump has intensified a trade dispute with Canada by slapping tariffs of up to 24% on imported softwood lumber. The move drew swift criticism from the Canadian government, which vowed to sue if needed.

The step escalates an economic battle, Bloomberg said, and it follows a fight over a new Canadian milk policy that U.S. producers say violates the North American Free Trade Agreement.

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