Appearing on Wednesday before a meeting of the U.S. Senate Appropriations subcommittee, US Trade Representative Katherine Tai said that the US is open to fresh negotiations with Canada to resolve a longstanding dispute over US tariffs on softwood lumber.
Vietnam says the U.S. Department of Commerce has announced an extension of its deadline for its final conclusion on the anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported into the U.S. from Vietnam.
The U.S. Department of Commerce has announced that it has initiated the Fourth Administrative Review (AR4) of the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of certain softwood lumber products from Canada.
The US Department of Commerce today (1-31-22) issued its preliminary determination in their Third Administrative Review of certain softwood lumber products from Canada. The new combined “All Others” rate of 11.64% is down from the current rate of 17.91%. This Preliminary Determination does not change the duties currently being collected, nor will it be the final rate.
On Thursday, January 6, 2022, the Department of Commerce (DOC) amended its notice of final results of the 2019 administrative review of the countervailing duty (CVD) order. In the amendment, the DOC stated they had incorrectly calculated J.D. Irving and West Fraser’s CVD rates. The new CVD rates are 3.46% and 5.08%, respectively.
The Canadian government, in a statement released on Tuesday (12-21-21) by Canadian Trade Minister Mary Ng, said that Canada has filed an official notice to challenge U.S. duties on Canadian softwood lumber under the US-Mexico-Canada (USMCA) trade agreement. The United States nearly doubled duties on softwood lumber exported from Canada in November.
On November 24, 2021 the U.S. Department of Commerce released its final determination of the antidumping and countervailing duty rates on softwood lumber imports from Canada. The rates (below) will take effect once published in the federal register, which is expected to occur on November 30, 2021.
The Office of the U.S. Trade Representative (USTR) said in an emailed statement on Friday (10-1-21) that the U.S. and Vietnam have reached an agreement over illegally harvested and traded timber that will see Vietnam avert punitive tariffs in the process.
A rule that allowed foreign producers, such as Canadian lumber producers, to quickly apply for lower countervailing duty rates if they weren’t individually investigated by the U.S. Commerce Department in its original duty inquiry has been eliminated in a decision handed down by the U.S. Court of International Trade.
The U.S. Department of Commerce released its preliminary determination for the Second Administrative Review in antidumping duty (AD) and countervailing duty (CVD) investigation.