Subscribe/Advertise/Contact Us/Links/Digital Editions
AKZO CHEMCRAFT August 2022 LEADERBOARD
Site Menu

U.S. to reduce softwood lumber levies, report says

Share this story

The Globe and Mail is reporting that the “U.S. Department of Commerce plans to decrease tariffs for most Canadian softwood producers but raise them for West Fraser Timber Co. Ltd. WFG-T, Canada’s largest lumber company.”
The report goes on to say that “the Commerce Department said late on Monday that based on its preliminary assessment, the combined countervailing and anti-dumping tariffs will be 11.64 per cent for most Canadian producers, compared with 17.91 per cent currently.
“Vancouver-based West Fraser is the only company that will not benefit from the lower rates, which are intended to take effect in the fall of 2022. Its duty rate is slated to increase to 13.09 per cent from the current 11.14 per cent.
“The tariffs will vary for three other lumber producers besides West Fraser.
“International Trade Minister Mary Ng said she is committed to finding a way to end the U.S. lumber tariffs.”

Proudly serving the industry since 1987
Grass 2019 Rotating Tile 250
Taurus Graco IWF 2022 Banner
SMARTECH Finishing Room Banner
FESTOOL Experience August 2022
KCD - Right Banner July 20th_2020
NR MURPHY Jan 2022 Banner
Akhurst Banner Dec 2021
OMNI - Automate Right Banners July 22
BLUM May 2022 MOVENTO
Biesse Canada JUNE 2022 RIGHT
Venjakob IWF July 2022 Right Banner
Planit Canada April 2022 Cabinet Vision Pricing
SCM JANUARY 2022 ECommerce Shop
ELIAS May 2021 Right Banner 5-Piece Laminate
© KLEISER MEDIA INC., 2022 Woodworking Magazine