Two U.S. lawmakers are urging the Biden administration's trade ambassador to make a deal with Canada on softwood lumber.
Democrat Sen. Bob Menendez of New Jersey and South Dakota Republican Sen. John Thune also say further tariff relief on imports from Canada would take inflationary pressure off the U.S. housing market.
Tai says the U.S. is willing to talk, but that Canada must address the federal fee regime that American producers say creates an uneven playing field — the core issue in a trade dispute that has persisted for decades. Ottawa sets stumpage fees for lumber harvested from federal and provincial land that producers in the U.S. — forced to pay market rates — have long insisted amount to an unfair subsidy.
Since the last softwood lumber agreement between the two countries expired in 2015, softwood lumber prices have more than doubled, they write.
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