Marketplace®

Daily business news and economic stories

Canadian lumber is the first demonstration of Trump’s tough-on-trade promises

When President Trump promised he’d be tough on trade, Canada wasn’t a name he threw around much. But his administration’s first big trade tax turns out to be a proposed 20 percent or so tariff on Canadian “soft lumber.” That’s pine, spruce, fir — the kind of wood used to build homes. Secretary of Commerce […]

When President Trump promised he’d be tough on trade, Canada wasn’t a name he threw around much. But his administration’s first big trade tax turns out to be a proposed 20 percent or so tariff on Canadian “soft lumber.” That’s pine, spruce, fir — the kind of wood used to build homes. Secretary of Commerce Wilbur Ross said this is not the start of a trade war with Canada. But it does feel to some like a warning shot.

Click the audio player above to hear the full story.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    5 hours ago
    25:19
  • Make Me Smart
    10 hours ago
    19:00
  • Marketplace Morning Report
    13 hours ago
    6:55
  • Marketplace Tech
    17 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45