The U.S. government on Friday imposed 20.56 percent anti-dumping duties on softwood lumber imports from Canada following an administrative review to determine whether the goods were being sold below fair market value.
The U.S. Commerce Department said that its administrative review found that Canadian softwood lumber was dumped in the United States at margins between 9.65 percent to 35.53 percent in 2023.
The new anti-dumping duty on Canadian softwood lumber is higher than the preliminary rate of 20.07 percent announced in March, up from the previous rate of 7.66 percent.
The department stated that U.S. Customs and Border Protection will begin collecting duties at the new rates, adding that it will announce the final decision on its review of the countervailing duty order on Aug. 8….
US Raises Anti-Dumping Duties on Canadian Softwood to 20.56 Percent
