US Department of Commerce seeks to double softwood lumber duty
The U.S. Department of Commerce today issued its preliminary determination in the second administrative review of Canadian softwood lumber imports.
According to a press release from the U.S. Lumber Coalition, the department concluded that Canadian imports are “heavily subsidized and dumped into the U.S. market by issuing a combined anti-subsidy and anti-dumping rate of 18.32 per cent.”
The U.S. Lumber Coalition said the U.S. lumber industry is open to a new U.S.-Canada softwood lumber trade agreement “if and when Canada can demonstrate that it is serious about negotiations.”
Read the full press release here. (Article continues below advertisement)
Read B.C. Minister of Forests Katrine Conroy and B.C. Minister of State for Trade George Chow’s response to the proposed increased in rates here.
Read The B.C. Lumber Trade Council’s response here.