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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Global / North America
February 22, 2021

US Department of Commerce set to reinstate higher Canadian softwood lumber duties

US Department of Commerce set to reinstate higher Canadian softwood lumber duties
The Commerce Department intends to reinstate higher anti-subsidy duties on certain imports of Canadian softwood lumber, after concluding it didn’t have the authority to conduct a type of “expedited” duty review, the department informed a federal court.    The change is opposed by Canadian public and private interests, and is subject to approval by the U.S. Court of International Trade.    The U.S. imported an estimated $5.66 billion worth of softwood lumber from Canada in 2016, according to Commerce, but the product has long been a source of trade ...

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