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United States – Preliminary Determination with Respect to Certain Softwood Lumber from Canada: What is a Subsidy?*
Published online by Cambridge University Press: 16 September 2015
Extract
In August 2001, the United States Department of Commerce (USDOC) issued a preliminary determination that Canadian schemes for allocating standing timber to private harvesters – “stumpage” programs – provided countervailable subsidies to Canadian softwood lumber producers. It also preliminarily determined that critical circumstances existed in the US softwood lumber industry, caused by Canadian imports. Provisional measures were imposed on the basis of a preliminary subsidy rate of 19.31 percent, applicable to all producers/exporters, and applied to all entries of softwood lumber from Canada.
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- Copyright © Cambridge University Press 2005
Footnotes
We are grateful to Gene Grossman, Johan Stennek and the other Reporters in the project for helpful exchanges. We have also benefited from editorial assistance by Michael Greenwald and Christina Lönnblad.
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