{"id":56061,"date":"2025-08-09T03:41:32","date_gmt":"2025-08-09T03:41:32","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/56061\/"},"modified":"2025-08-09T03:41:32","modified_gmt":"2025-08-09T03:41:32","slug":"latest-u-s-move-pushes-duties-on-canadian-softwood-lumber-over-35","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/56061\/","title":{"rendered":"Latest U.S. move pushes duties on Canadian softwood lumber over 35%"},"content":{"rendered":"

\t\t\tDescrease article font size<\/p>\n

\t\t\tIncrease article font size<\/p>\n

The U.S. Department of Commerce says it has made a final decision to more than double countervailing duties on Canadian softwood lumber<\/a> imports, a move business<\/a> groups in British Columbia say will harm communities on both sides of the border.<\/p>\n

\"\"<\/p>\n

A statement from the American department says the duty for most Canadian companies is being increased to 14.63 per cent, up from 6.74 per cent, after it determined softwood lumber from Canada was being unfairly subsidized.<\/p>\n

The increase is on top of a recent jump in anti-dumping duties to 20.56 per cent, bring the total duty level for Canadian softwood to 35.19 per cent.<\/p>\n

The department says it will now instruct U.S. Customs and Border Protection to begin collecting the money.<\/p>\n

\t\t\t\t\t\"Get<\/p>\n

\t\t\t\t\tGet daily National news<\/p>\n

Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day.<\/p>\n

Kurt Niquidet, president of the BC Lumber Trade Council, says in a statement that the decision places unnecessary strain on forestry-dependent regions in Canada while driving up construction costs for American builders.<\/p>\n

Story continues below advertisement<\/p>\n

\t\t\t\t\t\t\"Click<\/p>\n

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t4:32
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCanada\u2019s softwood lumber industry gets federal help to deal with U.S. anti-dumping duties\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

The council says both the Canadian and U.S. governments need to make resolving the long-standing softwood lumber dispute a top economic priority.<\/p>\n

\n\t\tTrending Now\n\t<\/p>\n

\t\t\t<\/p>\n

\t\t\t\t\t\t\"\"\/<\/p>\n

\n\t\t\t\t\tMexico\u2019s Sheinbaum says \u2018no need\u2019 for bilateral trade deal with Canada\n\t\t\t<\/p>\n

\t\t\t<\/a><\/p>\n

\t\t\t<\/p>\n

\t\t\t\t\t\t\"\"\/<\/p>\n

\n\t\t\t\t\tCanada expands recall for pistachio products due to possible salmonella\n\t\t\t<\/p>\n

\t\t\t<\/a><\/p>\n

\u201cIn the absence of a negotiated settlement, BCLTC will continue working closely with the Government of Canada and industry partners to defend Canadian interests through all available legal channels, including proceedings under the United States-Mexico-Canada Agreement,\u201d the statement says.<\/p>\n

The BC Council of Forest Industries says the provincial government needs to take action including streamlining permitting processes, activating provincial timber sales and removing cross-ministry bottlenecks.<\/p>\n

\u201cWith the right policy tools, B.C. can send a strong message that it is committed to creating a climate where primary and secondary forest manufacturers want to invest, ensuring a steady supply of wood products for B.C., Canada, and beyond,\u201d president Kim Haakstad said in a statement.<\/p>\n

Story continues below advertisement<\/p>\n

Prime Minister Mark Carney was in B.C. this week promising $700 million in loan guarantees for the industry and $500 million for long-term supports to help companies diversify export markets and develop their products.<\/p>\n

\n\t\t&copy 2025 The Canadian Press\t<\/p>\n","protected":false},"excerpt":{"rendered":"Descrease article font size Increase article font size The U.S. Department of Commerce says it has made a…\n","protected":false},"author":2,"featured_media":56062,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[45,49,48,37250,44,2664],"class_list":["post-56061","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-business","tag-ca","tag-canada","tag-forestry","tag-news","tag-softwood-lumber"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/56061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=56061"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/56061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/56062"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=56061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=56061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=56061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}