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U.S. Imposing 20.56% Anti-Dumping Duties on Canadian Softwood
GREATER VANCOUVER, BRITISH COLUMBIA, JUL 25 – U.S. senators and Canadian officials advance talks on softwood lumber quotas amid disputes over duties exceeding 30%, aiming to resolve trade tensions before August deadline.
- With an August 1 deadline looming, four U.S. senators met with Prime Minister Mark Carney, seeking common ground on contentious trade issues including lumber.
- Amid tightening duties, Prime Minister Mark Carney mentioned softwood lumber quotas earlier this month, as the U.S. Commerce Department issued a preliminary anti-dumping rate of 20.07% in March.
- British Columbia lumber organizations condemned the 20.56% anti-dumping duty, while the B.C. Lumber Trade Council warned combined duties could exceed 30%.
- Sen. Ron Wyden said Monday `We now have a clear idea of how to proceed`, and lawmakers reported progress on Canadian softwood lumber trade talks.
- To rebuild a sustainable sector, BC Council of Forest Industries called for a 45 million cubic metre harvest target, recommending timber sales activation, fast-tracked permits and reduced regulatory gridlock.
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Timber organizations in British Columbia condemn the decision of the U.S. Department of Commerce to increase the "anti-dumping" duty on Canadian lumber to 20.56%, calling it unjustified, punitive and protectionist.
The Council calls on the Government to make the resolution of the timber dispute a national priority.
U.S. imposing 20.56% anti-dumping duties on Canadian softwood
British Columbia lumber organizations are condemning the decision by the U.S. Commerce Department to raise anti-dumping duties on Canadian softwood to 20.56 per cent, calling them unjustified, punitive and protectionist.
BC Lumber Trade Council Responds To U.S. Decision To Increase Anti-dumping Duties On Canadian Softwood Lumber - Wood Business
The BC Lumber Trade Council (BCLTC) is deeply disappointed by today’s final determination by the U.S. Department of Commerce to raise anti-dumping duties on Canadian softwood lumber to 20.56%. If the Department’s forthcoming determination in the countervailing duty review is consistent with the preliminary results, the combined rate will be well over 30%. This decision represents yet another example of ongoing U.S. protectionism at a time when c…
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US implemented 20.56% anti-dumping duties on Canadian softwood
Vancouver- The British Columbia Lumber Organization is condemning the decision to increase anti-dumping duties on Canadian softwood to 20.56 percent, ... Read more The post US implemented 20.56% anti-dumping duties on Canadian softwood appeared first on The Local Report.
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