• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Canadian Lumber Producers Seek New Trade Agreement with the U.S.

Canadian Lumber Producers Seek New Trade Agreement with the U.S.

06/22/2021
The Allied Founders Celebrates Over 5 Decades of Excellence in Cast Iron Manufacturing and Global Export

The Allied Founders Pvt Ltd Nominated for Go Global Awards 2025

06/24/2025
The Allied Founders Celebrates Over 5 Decades of Excellence in Cast Iron Manufacturing and Global Export

The Allied Founders Celebrates Over 5 Decades of Excellence in Cast Iron Manufacturing and Global Export

06/24/2025
Comet Web Solutions LLP Nominated for Go Global Awards 2025

Comet Web Solutions Empowers Global Businesses and Individuals with Digital Innovation and Visa Expertise

06/24/2025
Comet Web Solutions LLP Nominated for Go Global Awards 2025

Comet Web Solutions LLP Nominated for Go Global Awards 2025

06/24/2025
CloudFirst Technology Private Limited Nominated for Go Global Awards 2025

CloudFirst Technology: Pioneering Cloud Innovation with Global Impact

06/24/2025
CloudFirst Technology Private Limited Nominated for Go Global Awards 2025

CloudFirst Technology Private Limited Nominated for Go Global Awards 2025

06/24/2025
UK Private Sector Growth Shows Modest Recovery Amid Ongoing Tariff Pressures

UK Private Sector Growth Shows Modest Recovery Amid Ongoing Tariff Pressures

06/23/2025
3rd Dairy Market Innovation Asia Pacific Summit 2025

Be Part of the 3rd Dairy Market Innovation Asia Pacific Summit 2025

06/20/2025
S.K.Singhi & Partners LLP Expands Global Legal Reach with LEXITS Platform and International Recognition

S.K.Singhi & Partners LLP Nominated for Go Global Awards 2025

06/19/2025
S.K.Singhi & Partners LLP Expands Global Legal Reach with LEXITS Platform and International Recognition

S.K.Singhi & Partners LLP Expands Global Legal Reach with LEXITS Platform and International Recognition

06/19/2025
Assist Export Bridges Global Markets with Strategic Trade and Consultancy Solutions

Assist Export Nominated for Go Global Awards 2025

06/19/2025
Assist Export Bridges Global Markets with Strategic Trade and Consultancy Solutions

Assist Export Bridges Global Markets with Strategic Trade and Consultancy Solutions

06/19/2025
supplychainreport
Wednesday, June 25, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Canadian Lumber Producers Seek New Trade Agreement with the U.S.

by Richie
06/22/2021
in Ethical Sourcing, Importing & Exporting, Risk Mitigation, Sustainability & Ethics

YOU MAY ALSO LIKE

Considaret Clk Group Denmark Nominated for Go Global Awards 2025

FlavAir StyX from Denmark’s Considaret Clk Group Expands Worldwide with Natural Anti-Addiction Filters

Canadian lumber producers are advocating for the initiation of talks with the United States for a new softwood lumber agreement. This move comes with the hope of reclaiming billions of dollars paid in anti-dumping and countervailing duties since 2017, when these tariffs were imposed by the Trump administration.

Susan Yurkovich, president of the British Columbia Lumber Trade Council, has argued that the tariffs were unjustified, stating the need for the repayment of these funds. The issue was brought to the forefront during a meeting between Canadian Prime Minister Justin Trudeau and U.S. President Joe Biden at the recent G-7 summit.

Despite requests, the Biden administration has not yet agreed to negotiate a new deal. However, U.S. Commerce Secretary Gina Raimondo has acknowledged the concerns of the National Association of Home Builders regarding the impact of high lumber prices on housing costs.

Canada’s Trade Minister, Mary Ng, has consistently raised this issue with U.S. counterparts. The U.S. Lumber Coalition, which accuses Canada of unfair trading practices, expresses willingness for a new agreement, provided Canada shows serious intent for negotiations.

U.S. Trade Representative Katherine Tai and spokesperson Adam Hodge have indicated that any new agreement would require addressing Canadian policies, including stumpage fees, which the U.S. contends are unfairly low.

A historical precedent exists for the U.S. refunding duties: in a 2006 settlement, the George W. Bush administration returned $4.4 billion of the $5.4 billion collected on Canadian imports, following WTO and NAFTA dispute settlement panel rulings.

The 2006 agreement, which expired in 2015, allowed Canadian provinces to regulate lumber trade through taxes or a combination of quotas and taxes. After its expiration and a grace period, the U.S. lumber industry petitioned for new duties, leading to the 2017 tariffs under the Trump administration.

Canadian lumber companies have paid over $4 billion in duties since then, a burden compounded by the Commerce Department’s plan to increase duty rates. High lumber prices have also made it challenging for U.S. producers to claim harm from Canadian imports.

Yurkovich refutes claims that Canadian lumber is unfairly subsidized, emphasizing the need for a stable North American lumber market. The Canadian government remains focused on defending its lumber industry through rules-based dispute mechanisms under WTO, USMCA, and NAFTA agreements.

Stay current with supply chain report news at The Supply Chain Report. For international trade resources, visit ADAMftd.com.

#CanadianLumber #SoftwoodLumberAgreement #USCanadaTrade #LumberTariffs #TradeNegotiations #HousingCosts #LumberIndustry #USMCA #WTO #NAFTADisputes #DutyRefunds #SustainableForestry

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

Âİ 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

Âİ 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.