20.83% Duty Established on Softwood Lumber Imports into the U.S.


Pacific Customs Brokers 2017-11-03

Yesterday, on November 2nd the U.S. Department of Commerce announced their final determination that the U.S. lumber industry was harmed in the import of Canadian softwood lumber. An anti-dumping and countervailing duty rate of 20.83% has been established.

 

Although we are awaiting direction from U.S. Customs and Border Protection at this time, we have determined the following:

Anti-Dumping Duties

Specific anti-dumping duties have been established for named companies within the final determination document. ‘All others’, that is all other Canadian companies who are not specifically named that sold softwood lumber products into the U.S. for the specified time period are subject to a 6.58% anti-dumping duty.

Countervailing Duties

Specific countervailing duties have been established for named companies within the final determination document. ‘All others’, that is all other Canadian companies who are not specifically named that sold softwood lumber products into the U.S. for the specified time period are subject to a 14.25% countervailing duty.

 

These duties combined equal 20.83% duty which is 5.92% less than the preliminary duties established earlier.

 

Canada has stated that they will take legal action against this ruling.

 

As we receive more details from U.S. Customs and Border Protection we will provide updates to only those subscribed to our Trade Update emails. These updates will include:

 

  • Implementation of the combined 20.83% duty on softwood imports into the U.S.
     
  • Will CBP automatically refund the difference in the preliminary duties paid and newly established rate or will a Post Entry be required?
     
  • Confirmation of the U.S. Department of Commerce determination from the International Trade Commission.



Not sure if you're subscribed to our Trade Update emails? Click here to subscribe.


Read More Trade News Read Older News