Canadian Lumber Duties Shift to New Company Successor
Published Date: 2/25/2025
Notice
Summary
The U.S. Department of Commerce says TRAPA Forest Products Ltd. has taken over from Trans-Pacific Trading Ltd. for duties on certain Canadian softwood lumber. This means TRAPA will now handle the same countervailing duties, affecting import rules and payments. If you’re in the lumber business, watch for these changes starting now!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Successor-in-Interest for Canadian Lumber Duties
The U.S. Department of Commerce determined that TRAPA Forest Products Ltd. is the successor-in-interest to Trans‑Pacific Trading Ltd. for the countervailing duty (CVD) order on certain softwood lumber products from Canada. This means TRAPA is treated under that CVD order in place of Trans‑Pacific for trade and duty purposes, which directly concerns businesses that import or export those lumber products.
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