[Under the Impact of Trump's Tariffs, Canada Plans to Adjust Lumber Export Markets] Canada's forestry industry plans to redirect approximately 10% of its lumber exports from the United States to the UK, EU, and Middle Eastern markets. Previously, U.S. President Trump imposed a 10% tariff on lumber in September, adding to the existing 35% tariff, which could lead to a lumber shortage in the U.S. and drive up construction costs. The volume of lumber planned for overseas markets is about 1 billion board feet, enough to build at least 75,000 average American homes. According to government data, about two-thirds of Canada's softwood lumber production is exported, with 90% of it going to the United States.