New Duty Rates Set For Canadian Softwood Lumber
In its first annual administration review, the U.S. Department of Commerce confirmed that Canadian softwood lumber subsidies and dumping continue, resulting in a combined anti-subsidy and antidumping duty "administrative review" rate of 8.81%. Two Canadian ministers acknowledged that Commerce has reduced duty deposit rates for many in the Canadian softwood lumber industry; however, they believe the rate for all companies should be zero - and that this is the meaning of free trade.
Resources:
- PR Newswire: The U.S. Lumber Coalition: U.S. Department of Commerce Confirms Continued Canadian Softwood Lumber Subsidies and Dumping in First Annual Administrative Review
- Ontario Defends the Canadian Softwood Lumber Industry Against Unfair Duties
- Woodworking Network: Commerce lowers Canadian softwood lumber duties; reactions mixed