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Final Determination of AD and CVD a Positive Step Forward for the U.S. Lumber Industry


News provided by

U.S. Lumber Coalition

Nov 02, 2017, 12:23 ET

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WASHINGTON, Nov. 2, 2017 /PRNewswire-USNewswire/ -- Today, the U.S. Department of Commerce announced the final determination of antidumping and countervailing duties on imports of Canadian softwood lumber products into the United States. The U.S. Lumber Coalition fully supports this development as it will proportionally counter the unfair subsidies that the Canadian government provides its lumber industry in abuse of U.S. trade laws.

"We are pleased the U.S. government is enforcing our trade laws so that the U.S. lumber industry can compete on a level playing field," said U.S. Lumber Coalition Co-Chair and Co-President of Pleasant River Lumber Company, Jason Brochu. "The massive subsidies the Canadian government provides to their lumber industries have caused real harm to U.S. producers and their workers. With a fair-trade environment, the U.S. industry, and the 350,000 hardworking men and women who support it, have the ability to grow production to meet much more of our country's softwood lumber demand."

Additional information and background:

The combined final determination rates as announced by the U.S. Department of Commerce are: Canfor 22.13 percent; Resolute 17.90 percent; Tolko 22.07; W. Fraser 23.76 percent; Irving 9.92 percent; All Others 20.83 percent.

In April, the U.S. Department of Commerce ruled that Canada subsidizes softwood lumber production, distorting the U.S. softwood lumber market to the detriment of U.S. sawmills, their employees and communities. The U.S. Lumber Coalition's statement can be found here.

Additionally, in June, the U.S. Department of Commerce ruled that exporters from Canada have sold softwood lumber to the United States at less than fair value based on factual evidence provided by the interested parties. The U.S. Lumber Coalition's statement on the antidumping duties can be found here.

About the U.S. Lumber Coalition
The U.S. Lumber Coalition is an alliance of large and small lumber producers from around the country, joined by hundreds of thousands of their employees, and tens of thousands of woodland owners. The Coalition is united in opposition to Canada's unfair lumber‐trade practices, including the gross under-pricing of timber on government‐owned lands. For more information, please visit the Coalition's website at www.uslumbercoalition.org.

CONTACT: Zoltan van Heyningen
[email protected] | 703-597-8651

SOURCE U.S. Lumber Coalition

Related Links

http://www.uslumbercoalition.org

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