# Trump Admin Slaps Tariffs on Canada Lumber After Dairy Spat | Fortune

> US Commerce Secretary Wilbur Ross announced preliminary anti-subsidy duties averaging 20 percent on Canadian softwood lumber, affecting about $5.66 billion of imports. Ross said Canada was already retaliating by restricting US milk protein imports. Canada vowed to challenge the duties through litigation.

- Date: 2017-04-25 · published 2017-04-25T12:00:00.000Z
- Category: trade · region US-Canada · magnitude medium
- Page: https://feedsoft.ai/events/71748-trump-admin-slaps-tariffs-on-canada-lumber-after-dairy-spat-fortune
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The tariffs and Canadian dairy restrictions escalate a trade dispute ahead of NAFTA renegotiation. Restrictions on US milk protein products could reduce US dairy export demand and weigh on related dairy prices.

## Read by commodity

- MILK: bearish ▼
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-04-25 | [Canadian dollar stumbles as US plans to slap tariffs on softwood lumber](https://feedsoft.ai/events/71743-canadian-dollar-stumbles-as-us-plans-to-slap-tariffs-on-softwood-lumber.md) | -0.1% | +2.6% |
| MILK | 2018-08-31 | [Canadian Dollar: NAFTA on Life-support after Trudeau says "We're Not Going to Do That" to the Dairy Sector and Trump Weighs In](https://feedsoft.ai/events/63769-canadian-dollar-nafta-on-life-support-after-trudeau-says-we-re-not-going-to-do.md) | -1.0% | -1.6% |
| MILK | 2017-04-26 | [What’s weighing on the Canadian dollar: tariffs on softwood lumber and the Fed raising rates - Financial Post](https://feedsoft.ai/events/71742-what-s-weighing-on-the-canadian-dollar-tariffs-on-softwood-lumber-and-the-fed.md) | -0.1% | +2.6% |
| MILK | 2018-07-31 | [Tariffs taking toll on dairy markets \| Capital Press](https://feedsoft.ai/events/64030-tariffs-taking-toll-on-dairy-markets-capital-press.md) | +5.0% | +6.4% |
| MILK | 2025-03-14 | [The Farmer's Exchange Online Tariffs Target U.S. Dairy's 3 Largest Export Markets](https://feedsoft.ai/events/25738-the-farmer-s-exchange-online-tariffs-target-u-s-dairy-s-3-largest-export-markets.md) | -0.3% | -7.3% |

## Sources

- fortune.com: https://fortune.com/2017/04/24/canada-lumber-us-trade-duties/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.