U.S. Delays Ruling on Canada Lumber Duties as Dispute Simmers
- Move will give U.S. ‘sufficient time” to review information
- Countervailing duty still expected end of April: ERA
Logs sit in piles before being processed at the West Fraser Timber Co. sawmill in Quesnel, British Columbia, Canada, on Friday, June 5, 2015. Since the late 1990s, the grain-of-rice-sized mountain pine beetle has attacked and killed more than 700 million cubic meters of pine trees in the inland forests of British Columbia, Canada's top lumber-producing province.
Photographer: David Ryder/BloombergThis article is for subscribers only.
The U.S. has delayed part of its decision in a long simmering spat over softwood lumber with Canada.
The U.S. Department of Commerce will postpone its deadline for preliminary anti-dumping duties on Canadian softwood lumber to June 23, according to a statement published in the Federal Register. The decision was initially expected by May 4.