More Lumber Math: 2020 Canadian Duties Corrected Downward
Published Date: 1/24/2025
Notice
Summary
The U.S. fixed a small mistake in the 2020 review of extra taxes on Canadian softwood lumber. Instead of 6.58%, the correct tax rate for most companies is 6.04%. This update affects importers and could slightly change the money owed or refunded.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Canadian Softwood Lumber Duty Cut
The Department of Commerce corrected the antidumping duty rate for most Canadian softwood lumber from 6.58% to 6.04% in the 2020 administrative review announced on August 9, 2022. Importers of this lumber could owe slightly less in duties or receive a slightly larger refund because of the lower rate.
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