A final federal review lowers duties on most Canadian softwood lumber, a welcome step for U.S. dealers, though a separate 10 percent tariff still applies.
The U.S. Department of Commerce has lowered softwood lumber duties on most Canadian producers, the National Lumber and Building Material Dealers Association (NLBMDA) told its members. The combined antidumping and countervailing duty rate drops from 35.16 percent to 24.75 percent.
Commerce announced the final ruling October 14, closing its seventh annual administrative review.
Most Canadian producers face an antidumping rate of 10.64 percent and a countervailing duty rate of 14.11 percent, though individual producers may see different rates. The new rates are expected to take effect once published in the Federal Register.
A separate 10 percent Section 232 tariff remains in place. That brings the combined tariff and duty burden to 34.75 percent, down from 45.16 percent under the previous rates.
NLBMDA called the cut a positive development but said Canadian softwood lumber still faces substantial trade barriers. For lumber and building material (LBM) dealers, tariff uncertainty remains a concern for sourcing, product availability and long-term planning.
The association continues to call for stable, predictable trade with Canada and a reliable supply of building materials.