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Softwood lumber dispute cuts both ways

from By Michael J. Berens

From May 17: Recent news that the U.S. Department of Commerce would impose a 20 percent import tariff on softwood lumber coming from Canada set off alarm bells in the U.S. residential construction industry. Home builders have been cautioning for months that increased materials costs were driving up the price of newly built homes. Whether the new tariffs will worsen the situation significantly has led to a heated dispute between home builders and the lumber industry. more

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