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February 5, 2020

US Dept. of Commerce 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%.

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