Print Page   |   Contact Us   |   Sign In   |   Register
NLBMDA News
Blog Home All Blogs
Search all posts for:   

 

View all (111) posts »
 

Countervailing Duties Placed on Canadian Softwood Lumber Imports to the U.S.

Posted By Administration, Monday, June 26, 2017

The U.S. Department of Commerce has announced it is placing countervailing duties on softwood lumber imports from Canada to the U.S. Levies ranging from 3 to 24 percent are being applied on softwood lumber from five Canadian companies. All other Canadian softwood lumber producers and exporters will pay a rate of 19.88 percent.

The action taken by the federal government is in response to a petition filed by the U.S. Lumber Coalition, a group representing American softwood lumber producers, alleging harm caused by unfair subsidies for the Canadian softwood lumber industry. The countervailing duties on Canadian imports are retroactive to January 25. A separate decision by the Department of Commerce on antidumping duties is scheduled for June 23.

Please click here view NLBMDA's full press release. 

This post has not been tagged.

Share |
Permalink | Comments (0)