U.S. hikes duty on Canadian softwood lumber to 17.9% — twice the old rate
Officials from various Canadian governments and the lumber industry are expressing disappointment that the U.S. has decided to go ahead with a plan to double the amount of duty it imposes on softwood lumber that comes from Canada.
On Wednesday, the U.S. Department of Commerce said it will proceed to impose duties of 17.9 per cent, on average on softwood lumber imported from Canada. That’s more than twice the previous 8.99 per cent rate.
