Almost 7% more to sell in the USA – softwood lumber cost by the end of 2017
When the U.S. Department of Commerce adds another 6,87% in preliminary average anti-dumping tariffs, softwood lumber industry on Canada will face average duties of about 27%.
New anti-dumping duty is going to be overlapped for about two months with average preliminary countervailing duties of 19,88% announced in April that are set to expire on Aug. 27.
When all determines have been made, final duties would be applied.
According to monthly Canadian government reports, Canada’s share of the U.S. Softwood lumber market was 27% in May, down from 31% a year earlier. That represented a $165-million loss in exports for the month, including $105 million in B.C. and $18 million in Quebec.
Information provided according to https://www.commerce.gov/news