Canada's forestry sector awaits for new softwood lumber exports tariffs from the US. Analysts believe that the US will impose countervailing and anti-dumping duties totalling 30% to 40%. As reported by The Globe and Mail, the U.S. Department of Commerce is slated to issue its preliminary determination for countervailing duties on April 24, a move targeted to stop Canada’s allegedly unfair lumber subsidies. “The U.S. is asking for the moon – very high duties on a wider scope of products like pallets that never used to have a ...
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