Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
US to maintain duties on Canadian softwood lumber imports
Posted on December 11, 2023 |
The US International Trade Commission (USITC) has chosen to uphold antidumping and countervailing duty orders on specific softwood lumber products from Canada.
This decision is rooted in the expectation that removing these duties could result in ongoing or recurring harm within a reasonable timeframe.
This course of action is part of a required 5-year review process outlined by the Uruguay Round Agreements Act.
It directs the Department of Commerce to either lift antidumping or countervailing duty orders or terminate a suspension agreement.