U.S., Canada Battle On Over Softwood Duties
Posted On
March 03, 2021
The U.S. Department of Commerce plans to reinstate higher anti-subsidy duties on some imports of Canadian softwood lumber. This change is opposed by Canadian public and private interests and must be approved by the U.S. Court of International Trade. The National Association of Home Builders urged the Biden administration to remove import tariffs on Canadian lumber.
Resources:
- Bloomberg Law: Commerce Set to Reinstate Higher Canadian Softwood Lumber Duties
- Bloomberg (Yahoo Finance): U.S. Homebuilders Urge Biden to Help Ease Sky-High Lumber Costs