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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
February 3, 2022

US to reduce tariffs on most softwood producers, raise them for West Fraser

US to reduce tariffs on most softwood producers, raise them for West Fraser
With its latest preliminary review on Canadian softwood lumber shipments, the U.S. Department of Commerce is indicating it will reduce tariffs for most Canadian producers but increase them for B.C.-based West Fraser.    The department announced yesterday the combined countervailing and anti-dumping duties for most lumber companies will be reduced from 17.91 per cent to 11.64 per cent. West Fraser’s new rate will be 13.09 per cent, a bump up from its current 11.14 per cent.    Resolute Forest Products, Canfor and J.D. Irving ...

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