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WASHINGTON — Two U.S. lawmakers are urging the Biden administration's trade ambassador to make a deal with Canada on softwood lumber.
They are urging U.S. Trade Representative Katherine Tai to pursue a new softwood deal for long-term relief in a market where about 30 per cent of the timber used in the U.S. comes from Canada. In November, the Department of Commerce doubled the softwood lumber tariff rate to 17.9 per cent, but decided earlier this year to lower it to 11.64 per cent.
Even lower tariffs would"make home construction and homeownership more affordable for communities across our country," Menendez and Thune wrote Monday in a letter to Tai and Commerce Secretary Gina Raimondo.
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