Page 14 - FDMAsia SepOct 2025

12 MARKET BEATS SEP/OCT 2025 FDM ASIA | www.fdmasia.com

Markets Come To Grips With this summer.

The preliminary determination in April for countervailing
US Tariffs rates was 14.38 percent, which, if brought into force, would

The lumber industry in British Columbia takes action in make a combined rate of 34.94 percent.

the face of the US softwood duty raise These rates are up from 7.66 and 6.74, respectively. While
British Columbia (BC) lumber producers and Forests Minister these rates are valid for the majority of Canadian softwood
Ravi Parmer expressed disappointment as the US Department lumber producers.
of Commerce decided to hike anti-dumping duties on softwood The US uses anti-dumping duties to force specific
lumber to 20.56 percent, according to Langley Advance Times. companies to sell products at what it determines to be ‘fair
These ‘anti-dumping’ duties are combined with ‘countervailing’ market value’, arguing those companies are selling products
duties to add fees to Canadian lumber shipped to the US. at artificially depressed prices. It uses countervailing duties
This rate hike sets anti-dumping duties higher than the to make up for a foreign government's subsidies in a given
preliminary determination of 20.07 percent put forward by industry.

the US in April. Whether or not these duties are fair to Canadians has
Canadian producers are still waiting for the final word been the subject of a decades-long dispute between the two
on countervailing duties, which is expected sometime later countries. While the Americans contend that Canada props up

Rodion Kutsaiev