US Int’l Trade Findings Could Result in Duties for Softwood

Prince George, BC, Canada / CKPG News

The U.S. International Trade Commission says it found there was a reasonable indication that softwood lumber products from Canada materially injured American producers, setting the stage for the imposition of preliminary duties. The commission announced it made a preliminary determination of harm from Canadian lumber that is allegedly subsidized and sold in the United States at less than fair value. Canada exported $4.7 billion worth of lumber to the U.S. last year. The ITC’s finding could result in duties that Canadian softwood producers say would result in job losses and plant closures north of the border, which is exactly what worries the MP for Cariboo-Prince George.

Comments are closed.

Top Stories