US Dept. of Commerce Releases Post-Preliminary Countervailing Determination in Seventh Review of Canadian Softwood Lumber
On June 30, the US Department of Commerce (DOC) published its post-preliminary determination for the seventh administrative review (AR7) of countervailing duties on certain softwood lumber products from Canada. This determination does not have any impact on current duties or cash deposit rates.
In a memo accompanying its preliminary countervailing duty results published on April 8, the DOC said it would issue post-preliminary results once it completed an assessment of other remaining programs. The June 30 determinations now supersede the April 8 determinations.
The period of review (POR) is January 1, 2024, through December 31, 2024. The revised preliminary findings are summarized in the table below:
It is important to note that these findings are still preliminary. Current deposit rates will not change until the DOC makes its final determination and publishes it in the Federal Register later this year. While these rates are preliminary, past precedent indicates that the final rates will be similar to the preliminary rates.
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