On January 21, 2025, the U.S. Court of International Trade issued an order regarding the countervailing duty (CVD) on certain softwood lumber products from Canada. The court approved a recalculated subsidy rate of 0.88% for Fontaine, Inc., which is low enough to be considered de minimis, and decided to exclude Fontaine from the CVD order. As a result, the Department of Commerce will adjust Fontaineβs cash deposit rate to 0%, and direct Customs and Border Protection to process certain entries without regard to CVD duties if the decision is not appealed. This applies to any softwood lumber products produced and exported by Fontaine since April 28, 2017.
Simple Explanation
In 2025, a court decided that a Canadian company named Fontaine wouldn't have to pay extra fees on wood they sold to the U.S. because the extra fee was too small to matter. So, the U.S. government said Fontaine's wood doesn't need extra charges from as far back as 2017.