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The U.S. Department of Commerce has announced a preliminary anti-dumping duty of 20.07% on Canadian softwood lumber imports for 2023, following a review of unfair trade practices.
The U.S. Department of Commerce has announced a preliminary anti-dumping duty of 20.07% on Canadian softwood lumber imports for 2023, following a review of unfair trade practices. U.S. industry leaders, including the U.S. Lumber Coalition, strongly criticized Canada's pricing practices, arguing that they harm U.S. companies, workers, and communities. They support the Trump administration’s enforcement of trade laws, asserting that Canada’s subsidies and dumping suppress U.S. lumber production and jobs. With increased U.S. production capacity, the industry can meet nearly all domestic lumber demand, and trade law enforcement is seen as essential to further growth. The U.S. Lumber Coalition emphasizes that strong enforcement will ensure fair competition and continued expansion of U.S. lumber production.
Source Link:- https://www.pulpapernews.com/en/node/16475