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Ottawa 'disappointed' by double lumber tariffs

WASHINGTON, D.C.: Washington will double compensatory and anti-dumping tariffs on Canadian lumber, a move long expected but that has nonetheless disappointed Ottawa and could further drive up prices in the United States.

Most Canadian companies that export softwood lumber to the United States will have to pay 17.9-percent duties, up from the current 8.99 percent, according to documents from the US Commerce Department and the Canadian government.