Search Results for keywords:"TRAPA Forest Products Ltd."

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Search Results: keywords:"TRAPA Forest Products Ltd."

  • Type:Notice
    Citation:90 FR 10623
    Reading Time:about 5 minutes

    The U.S. Department of Commerce has determined that TRAPA Forest Products Ltd. (TRAPA) is the successor to Trans-Pacific Trading Ltd. concerning the countervailing duty order on certain softwood lumber from Canada. As a result, TRAPA will now be subject to the same cash deposit rate of 6.74% that previously applied to Trans-Pacific. This decision follows the Department's preliminary findings, and no objections were raised against it. Consequently, all shipments of applicable products by TRAPA will adopt this rate moving forward.

    Simple Explanation

    The U.S. government decided that TRAPA Forest Products is now like a new version of another company called Trans-Pacific for special trade rules about wood from Canada. This means TRAPA now has to pay the same extra tax (6.74%) on their wood that Trans-Pacific did.

  • Type:Notice
    Citation:90 FR 8697
    Reading Time:about 6 minutes

    The U.S. Department of Commerce has preliminarily determined that TRAPA Forest Products Ltd. is the successor-in-interest to Trans-Pacific Trading Ltd. This means that TRAPA will receive the same countervailing duty cash deposit rate as Trans-Pacific for certain softwood lumber products from Canada. This decision is part of a review process that began with a request from TRAPA, following a name change from Trans-Pacific. Interested parties have an opportunity to comment and request a hearing on this preliminary decision.

    Simple Explanation

    The government thinks that one company, TRAPA, is really just a new name for another company called Trans-Pacific, and they will treat them the same when it comes to certain rules about selling wood from Canada to the U.S. People can say if they think this is right or wrong.