Patient45

This is what you're here for.....  The headline of the article here is, "Why the softwood lumber tariff is a gift for investors". The author explains that "The duties could have been worse and the U.S. still needs Canadian lumber to feed its recovering housing market." In the next paragraph, the author tells you that the duties imposed "average about 20 per cent across the Canadian sector." So, was the 'reality' as bad as the expectation?

(Mostly what I'm doing here is Copy/Paste from David Berman's article.) He says:
 
"But investors had been bracing themselves for something far more punitive. Earlier this year, at least one industry observer had floated the possibility of an initial tariff as high as 40 per cent, or about double what the U.S. has started with."

Since a 20% tariff is not as stiff as an expected 40% tariff, some investors very much liked that news! 

By all means, if you were not active on the news-front this morning, you missed a good thing.