US Plans to Nearly Triple Anti-Dumping Duty on Canadian Softwood as Tariffs Loom

US Plans to Nearly Triple Anti-Dumping Duty on Canadian Softwood as Tariffs Loom
Softwood lumber is pictured at Tolko Industries in Heffley Creek, B.C., on April 1, 2018. The Canadian Press/Jonathan Hayward
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The U.S. Department of Commerce has announced it’s planning to almost triple the anti-dumping duties on Canadian softwood lumber, bringing total levies to almost 27 percent even before the American president’s threatened tariffs.

The department issued a preliminary anti-dumping rate of 20.07 percent today, up from 7.66 percent sent three years ago, which is in addition to countervailing duties of 6.74 percent.