REGULATION CHANGES FOR SOFTWOOD LUMBER

U.S. Department of Commerce initiated a countervailing duty investigation on softwood lumber products from Canada.

The Department of Commerce has postponed its preliminary determination in the antidumping duty investigation on softwood lumber products from Canada (A-122-857) until Friday, June 23, 2017.

The notice was published on April 19, 2017 Federal Register. Commerce may suspend liquidation and require cash deposits of estimated Antidumping duties beginning on the date it publishes its preliminary determination, or 90 days prior if critical circumstances are found to exist.

Depending on the results of these two investigations, companies with continuous bonds may incur an increase to their bond, and importers without a continuous bond will be required to submit a cash deposit. We will keep you up to date as more information becomes available.

Key milestones

November 25, 2016

  • Petition filed with the US Department of Commerce and the International Trade Administration by The Committee Overseeing Action for Lumber International Trade Investigations or Negotiations (COALITION)

December 22, 2016

  • U.S. Department of Commerce initiated a countervailing duty investigation on softwood lumber products from Canada.

January 6, 2016

  • The United States International Trade Commission (USITC) determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of softwood lumber products from Canada that are allegedly subsidized and sold in the United States at less than fair value.

January 26, 2017

  • U.S. International Trade Administration received a petition requesting a postponement in the preliminary determination of the above investigation

February 2, 2017

  • A petition prepared and presented to the United States International Trade Administration on January 26, 2017 by the ‘COALITION’ asking for a postponement of the Countervailing Duty (CVD) decision was granted and a new date of Monday, April 24, 2017 was set as the CVD Preliminary Decision date.

April 19, 2017

  • A petition prepared and presented to the United States International Trade Administration on January 26, 2017 by the ‘COALITION’ asking for a postponement of the Antidumping (ADD) decision was granted and a new date of Friday, June 23, 2017 was set as the ADD Preliminary Decision date

No later than April 24, 2017

  • Preliminary determination for the Countervailing Duty (CVD) investigation into various softwood lumber products from Canada to be made.

No later than Friday, June 23, 2017

  • Preliminary determination for the Antidumping Duty (ADD) investigation into various softwood lumber products from Canada to be made.

Supporting our clients’ needs

As always, Livingston will continue to monitor the progress of discussions regarding the softwood lumber dispute between Canada and the United States, and we will keep you informed of any updates.

If you have any immediate questions please contact softwoodlumber@livingstonintl.com.