The final injury and CVD and AD determinations became effective on December 28, 2017, resulting in the combined CVD and AD cash deposit rate payable by most Canadian exporters initially being set at 20.23 percent. International Trade Commission (USITC), and a countervailing duty (CVD) and antidumping duty (AD) petition on Canadian lumber imports with the Department of Commerce.
lumber industry filed a petition for a determination of injury with the U.S. and Canada signed a softwood lumber agreement in 2006, which expired in October 2015. market.įor decades, the United States and Canada have had a dispute over the prices of softwood lumber entering the United States, which has resulted in trade cases and negotiated agreements between the two countries. Historically, Canada has been the most important source of lumber imports into the U.S. The volume and future prices of lumber imports entering U.S. market last year, $8.957 million was for longitudinally shaped lumber.
Of total Canadian lumber exports to the U.S. While Canada was the world’s largest lumber exporter in 2021, the United States led global imports of this commodity, which statistically also includes charcoal and wood manufactures. Canada ranked first among the top lumber exporters to the United States in 2022, with shipments of US$16.662 billion, down 12.2% year-on-year.
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