Softwood Lumber Agreement

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U.S.A.

lumber-LargeOn June 30, 2016, Prime Minister Justin Trudeau and President Obama issued a Joint Statement on Softwood Lumber.  This is a historic/ongoing trade irritant that could escalate into a trade war on October 12, 2016.

After October 13, 2016, the United States may initiate new antidumping and countervailing duty investigations against softwood lumber…

Canada-US GlobeThe 2006 Softwood Lumber Agreement expired on October 12, 2015. There is now a one-year grace period in which the United States is obliged to refrain from bringing new trade cases against Canadian lumber. This means that new softwood lumber anti-dumping and countervailing duty cases may be filed by U.S. producers but cannot be initiated…