US DoC sets lower countervailing duties for Canadian softwood lumber producers

On April 30th, the US Department of Commerce (DOC) issued a redetermination of its antidumping duties (AD) for certain softwood lumber products from Canada.US, Canadian Forest Industries reported that the DOC has reassessed its antidumping duties for certain softwood lumber products imported from Canada. A review, initiated on April 30, 2024, was prompted by a directive from a NAFTA Chapter 19 Binational Panel issued on October 5th, 2023. The investigation period spanned from October 1st, 2015, to September 30th, 2016. In their reassessment, ordered after the decision by the North American Free Trade Agreement (NAFTA) Chapter 19 ...