Friday, October 1, 2010

U.S. Softwood Lumber Imports Could be Subject to New Assessments

(World Trade Interactive)

U.S. Importers and domestic manufacturers of softwood lumber would be hit with a new assessment under a Department of Agriculture proposal to boost this struggling sector. The proposed Softwood Lumber Research, Promotion, Consumer Education and Industry Information Order aims to strengthen the position of softwood lumber in the marketplace, maintain and expand markets for softwood lumber and develop new uses for softwood lumber within the U.S. These efforts would respond to what USDA calls “one of the worst markets in history” for softwood lumber. Read more here.