U.S. Department of Commerce Finalizes Canadian Softwood Lumber Tariffs

Posted by Director of Government Affairs, With 0 Comments, Category: 2017, Communications, Councils, Government, Government-featured, Govt Relations,

The U.S. Department of Commerce on Nov. 2 announced the department's findings related to its antidumping duty and countervailing duty investigations of softwood lumber imported from Canada. Due to the inability to reach a long-term agreement to the years-long trade dispute between the U.S. and Canada, and with the claimed determination that Canadian exporters are selling softwood lumber at less than fair value, the Commerce Department is instructing U.S. Customs and Border Protection to collect duties from importers of Canadian softwood lumber at rates averaging 20.83%.

NAHB Chairman Granger MacDonald warned that as home builders and home owners deal with rebuilding efforts in the aftermath of a very active hurricane season, the decision could not have come at a worse time.

To view the response from Chairman MacDonald, Click Here.