31 Jan 2025
🪵Preliminary Results on Softwood Lumber Countervailing Duties from Canada
Certain Softwood Lumber Products From Canada: Preliminary Results of Countervailing Duty Changed Circumstances Review
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that TRAPA Forest Products Ltd. (TRAPA) is the successor-in- interest (SII) to Trans-Pacific Trading Ltd. (Trans-Pacific) in the context of the countervailing duty (CVD) order on certain softwood lumber products (softwood lumber) from Canada. Interested parties are invited to comment on these preliminary results.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$ - Med
The notice discusses the preliminary determination of TRAPA as the successor-in-interest to Trans-Pacific, affecting their cash deposit rate for countervailing duties. This regulatory change has direct financial implications for businesses involved in the softwood lumber market, particularly regarding compliance with CVD orders and potential cost impacts.