Business & Commerce

Preliminary Results on Canadian Softwood Lumber Subsidies

🇺🇸United States··Notice·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This notice announces that the U.S. Department of Commerce has preliminarily found countervailable subsidies for producers and exporters of certain softwood lumber products from Canada in 2024. The review is partially rescinded for 56 companies that had no reviewable shipments during this period. Affected parties are encouraged to comment on these findings.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Preliminary determination of countervailable subsidies on Canadian softwood lumber
  • Partial rescission of review for 56 companies
  • Invitation for public comments on the determination

Obligations

What this law requires

high

Canadian softwood lumber producers and exporters must pay countervailable subsidy rates of 11.70% (Resolute FP Canada Inc.), 15.93% (West Fraser Mills Ltd.), or 14.17% (non-selected companies) on affected products during the period January 1, 2024 through December 31, 2024

Canadian softwood lumber producers and exporters
operational
high

U.S. Customs and Border Protection (CBP) must liquidate suspended entries of subject merchandise at the calculated CVD assessment rates for the review period

U.S. Customs and Border Protection
operational
high

Commerce must disclose its calculations performed for preliminary results to interested parties within five days of public announcement or, if no public announcement, within five days of publication in the Federal Register

U.S. Department of Commerce, International Trade Administration
disclosure
medium

Interested parties must submit case briefs and written comments by a timeline to be announced regarding these preliminary results

Interested parties in the softwood lumber CVD review
reporting
medium

The administrative review is rescinded with respect to 56 specific companies listed in Appendix III that had no reviewable shipments, sales, or entries of subject merchandise during the period of review

U.S. Department of Commerce, CBP, and the 56 named companies
operational

Affected Parties

Canadian softwood lumber producersU.S. import managers

Tags

trade,lumber,subsidies