International Trade Commission rules in favor of duties on Canadian softwood lumber

The U.S. International Trade Commission has no plans to revoke the existing combined countervailing and antidumping duties totaling roughly 9% on certain Canadian softwood lumber products coming into the United States. The USITC issued a press release on Nov. 30 and said, “revoking the existing antidumping and countervailing duty orders on certain softwood lumber products from Canada would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.” “As a result of the Commission’s affirmative determinations, the existing orders on imports of this product from Canada will remain in place ...