TORONTO – The U.S. Department of Commerce has issued the final determination of the softwood lumber duties Canadian producers pay.
The department says that most Canadian producers pay a combined countervailing and anti-dumping rate of 20.83 percent, a decrease from 26.75 percent in the preceding provisions issued earlier this year.
Trade Minister Wilbur Ross said Thursday the decision “to defend American workers and businesses against unfair business practices.”
The department determined that exporters from Canada have been sold of softwood sawn timber at less than fair value and that Canada is an unfair subsidies to producers.
The United States and Canada typically enjoy a friendly trade relationship, but spats have unfolded, amidst the renegotiation of the North American Free Trade Agreement.