The export duty will be 4–7% depending on the ruble exchange rate; if exchange rate is 80 rubles per US dollar and below it will be zero tariff.
Duties and Tariffs
The decision is triggered by cost increases for major raw materials, energy, logistics and HSE regulatory compliance requirements.
Minister Mary Ng issued the statement regarding the United States’ fourth administrative reviews on softwood lumber from Canada.
Sappi Europe will keep prices for its Woodfree Coated Paper grades stable at today’s level for the remainder of 2023.
GreenFirst Forest Products Inc. announces the reduction in its softwood lumber duty deposit rate from 20.23% to 7.99%, which is expected to take effect on or about August 2, 2023.
They assert that the U.S. duties are not only hurting the forestry professionals and communities in Canada but also increasing material costs for Americans.
DOC announced the final determination of a combined anti-subsidy and anti-dumping duty rate in the fourth annual review of unfairly traded Canadian softwood lumber imports into the United States. The review covers lumber imported in calendar year 2021.
The U.S. imposed antidumping duties on Vietnam, the primary importer of China's wood veneer.
The U.S. Department of Commerce determines that hardwood plywood products exported from Vietnam using hardwood plywood inputs and components (face veneer, back veneer, and/or either an assembled core or individual core veneers) sourced from China is, in fact, a product of China and is subject to the antidumping duty (A...
The softwood lumber dispute between the U.S. and Canada has had significant economic implications for both countries, impacting the lumber industry, housing market, and trade relations.
Duties assessed in last July's preliminary ruling will stay in effect during the delay.
Russia completely lost the European plywood market due to the EU sanctions.