On Thursday, August 4th, the US Department of Commerce issued the final determination on its third administrative review (AR3) of US imports of certain softwood lumber products from Canada, in which it found countervailable subsidies and sales of lumber at less than normal value (dumping).
In response, Canada said that it intends to challenge the final determination, including through launching a dispute settlement process under Chapter 10 of the US-Mexico-Canada trade agreement (USMCA).
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Canada to challenge U.S. softwood lumber duties under USMCA rules