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February 19, 2020

US DoC rules tariffs on Canadian softwood lumber could be greatly reduced

  Canadian softwood producers are getting a surprise break from the United States.  US Department of Commerce is expected to result in sharply lower duties by August for most Canadian producers of softwood lumber.  Dept. of Commerce rules tariffs on Canadian softwood lumber could be greatly reduced after administrative review of anti-dumping and countervailing duties applicable for 2017 and 2018;  West Fraser, Canfor duties could drop below 10% from more than 20%.  The US Commerce Department ruled late on Monday that tariffs imposed on most Canadian lumber sold south of the border could be ...

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