Published On: Thu, Dec 7th, 2017

U.S. agency sides with lumber coalition, declares Canada’s softwood imports harm U.S. industry

WASHINGTON—The U.S. International Trade Commission has unanimously voted that the American lumber industry has been harmed by Canadian softwood lumber imports.

In a 4-0 vote, the agency sided with the U.S. lumber coalition.

The U.S. Commerce Department last month lowered preliminary duties. Most Canadian producers will pay a combined countervailing and anti-dumping rate of 20.83 per cent, down from 26.75 per cent in the preliminary determinations issued earlier this year.

Read more:

Canada takes softwood-lumber complaint to the World Trade Organization

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U.S. duties on softwood lumber brings price surge, profit to Canada

The duties have driven up the price of lumber, adding to the cost of building a home in the United States. Canadian unions and lumber companies fear the issue will eventually cause layoffs.

West Fraser Timber pays the highest duties at 23.7 per cent. Canfor is next at 22.13, followed by Tolko at 22.07, Resolute Forest Products at 17.9 per cent and J.D. Irving at 9.92 per cent.

Reasons supporting the vote are expected to be released in two weeks.

Canada is challenging the duties under both the North American Free Trade Agreement and at the World Trade Organization. The NAFTA dispute panel has to make a ruling by next fall. The WTO process could take years.

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U.S. agency sides with lumber coalition, declares Canada’s softwood imports harm U.S. industry