U.S. one step closer to imposing permanent duties on Canadian softwood lumber

The U.S. Commerce Department just released its final determinations in its antidumping (AD) and countervailing (CVD) duty investigations against Canadian softwood lumber imported into the U.S. As expected, Commerce announced it will indeed impose finalized duties in both cases. Commerce revised its tariff rates to be slightly lower and also excluded lumber from Newfoundland and

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Key dates this fall in softwood lumber dispute

This spring, the U.S. slapped countervailing duties on its imports of Canadian softwood lumber, followed by anti-dumping tariffs. As August winds down, Canadian exporters are getting a brief reprieve, but the trade dispute is not over. Below is a brief update with some of the key softwood dates this fall: August 25 The preliminary countervailing duties

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What Ottawa’s softwood lumber aid package means for the industry

Today’s announcement of an $867 million support package from Ottawa for the softwood sector comes just one month after the U.S. imposed countervailing duties, averaging 20 per cent, on Canadian softwood lumber shipped into the U.S. The quick response from the federal government comes even before the full extent of the impact of U.S. duties

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