US Commerce revises countervailing duty rates on Canadian softwood lumber after NAFTA panel decision
Following a NAFTA binational panel ruling, the U.S. Department of Commerce is adjusting the countervailing duty rates applied to Canadian softwood lumber producers. Canfor's rate drops from 13.24 to 12.49 percent, J.D. Irving's from 3.34 to 2.96 percent, and Resolute's from 14.70 to 13.90 percent. A countervailing duty is a charge on imports intended to offset subsidies a foreign government provides to its exporters.
This summary was generated by AI; the official source prevails.
What does it mean?
The extra duty on some Canadian softwood lumber is changing a little, and the new rates differ by company. They take effect October 29, 2026.
Who is affected?
Canadian softwood lumber producers named in the notice, and importers that buy their lumber.
What changes?
Canfor's rate was 13.24 percent and is now 12.49 percent. J.D. Irving and Resolute also receive lower rates under the amendment.