Industry News
News
Policies
U.S. updates antidumping duties following NAFTA Panel decision
May 9, 2024 By CFI Staff
Photo: Annex Business Media. The U.S. Department of Commerce recently reassessed its antidumping duties for certain softwood lumber products imported from Canada. This review, initiated on April 30, 2024, was prompted by a directive from a NAFTA Chapter 19 Binational Panel issued on October 5th, 2023. The investigation period spanned from October 1st, 2015, to September 30th, 2016.
In their reassessment, the Department determined new estimated weighted-average dumping margins for various Canadian lumber companies.
These margins are as follows: 6.63 per cent for Canfor, 3.08 per cent for Resolute, 7.14 per cent for Tolko, and 5.18 per cent for West Fraser. For all other Canadian softwood lumber producers, the recalculated rate is 5.66 per cent, which is slightly lower than the original rate of 6.04 per cent. This all-others rate was derived from a weighted average of the dumping margins calculated for the mandatory respondents.
Click here for more information.
Print this page
