2025-02048NoticeWallet

Canadian Lumber Firms Merge Identities for US Duty Rates

Published Date: 1/31/2025

Notice

Summary

The U.S. Department of Commerce says TRAPA Forest Products Ltd. is now the same company as Trans-Pacific Trading Ltd. for softwood lumber duties from Canada. This means TRAPA will take over Trans-Pacific’s duty rates starting January 31, 2025. If you’re involved in importing these lumber products, keep an eye out and share your thoughts soon!

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

TRAPA Inherits 6.74% Lumber Duty

If you import certain softwood lumber from Canada, the company TRAPA Forest Products Ltd. is preliminarily treated as the same company as Trans-Pacific Trading Ltd. and will take over Trans-Pacific’s countervailing duty cash deposit rate of 6.74 percent. This preliminary determination is applicable January 31, 2025, and if the final results remain the same, U.S. Customs and Border Protection will assign TRAPA the 6.74 percent CVD rate effective the date the final results are published.

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Key Dates

Published Date
1/31/2025

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
International Trade Administration
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