Firms exempted from CV duties on Canadian softwood

Customs and Border Protection will refund all cash deposits of estimated countervailing duties collected on those shipments.

Firms exempted from CV duties on Canadian softwood

Customs and Border Protection will refund all cash deposits of estimated countervailing duties collected on those shipments.

Firms exempted from CV duties on Canadian softwood

Customs and Border Protection will refund all cash deposits of estimated countervailing duties collected on those shipments.

 

   The U.S. Commerce Department said it will exclude certain producers and exporters from the ongoing countervailing duty order on softwood lumber from Canada starting Friday.
    Commerce determined de minimis countervailable subsidy rates for D&G, MLI, NAFP, Roland and Lemay.
    Therefore, Customs and Border Protection will discontinue the suspension of liquidation and collection of cash deposits of estimated countervailing duties on all shipments of softwood lumber produced and exported by those companies. CBP also will refund all cash deposits of estimated countervailing duties collected on those shipments.

However, if shipping alliances are outlawed altogether, then freight rates will skyrocket because alliances are the only way that carriers can operate ultra-large container ships (ULCVs) effectively.

The FBX, a global container freight index measuring spot rates on major global trades, had an overall reading of $1,342 per FEU as of June 14, down 1.5% from a week prior, but up 3.4% from a year prior.

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Firms exempted from CV duties on Canadian softwood

Customs and Border Protection will refund all cash deposits of estimated countervailing duties collected on those shipments.

Jul 03, 2019 on Dec 27, 2018AmericanShipper.com

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Firms exempted from CV duties on Canadian softwood

Customs and Border Protection will refund all cash deposits of estimated countervailing duties collected on those shipments.

Jul 03, 2019 on Dec 27, 2018AmericanShipper.com