FOR IMMEDIATE RELEASE
August 10, 2001
Contact: Trevor Francis
U.S. SECRETARY OF COMMERCE DON EVANS ANNOUNCES
AFFIRMATIVE PRELIMINARY DETERMINATION IN
SUBSIDY INVESTIGATION ON SOFTWOOD LUMBER FROM CANADA
U.S. Commerce Secretary Don Evans today announced
that the Department of Commerce has made an affirmative preliminary
determination in its countervailing duty (subsidy) investigation
on imports of softwood lumber from Canada.
"This decision was one that the Department reached after careful
consideration of the law and the facts on the record. I'm pleased
that this process has been open and transparent and that all parties
have had full opportunity to have their views heard. I look forward
to continuing to work with all parties, including our friends in
Canada, as this case proceeds to a final determination," said
As a result of the Department's finding, Canadian softwood lumber
imports will become subject to import duties based on a net countervailable
subsidy rate of 19.31 percent. These duties will be applied as of
the date of publication of the preliminary determination, expected
by August 20, 2001.
As part of its preliminary determination, the Department
has also made an affirmative preliminary finding of critical circumstances.
Critical circumstances refers to a provision in trade laws that
is designed to prevent import surges before dumping or countervailing
duties are imposed, and allows the potential retroactive imposition
of duties on imports. If the Department and the International Trade
Commission make final affirmative determinations that critical circumstances
exist, duties will be imposed retroactively, 90 days prior to the
publication of the preliminary determination.
The Department initiated the investigation based on
a petition filed by the U.S. lumber industry after the expiration
of the Softwood Lumber Agreement on March 31, 2001.
More information on the determination is available
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