NLBMDA urges action to renew softwood lumber talks with Canada
The National Lumber and Building Materials Dealers Association issued a legislative alert asking dealers to contact their representatives to sign the bipartisan letter urging U.S. trade officials to renew softwood lumber talks with Canada.
NLBMDA members are asked to take action now to help lower record high lumber prices by contacting your representative and asking them to sign a bipartisan letter to Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer that encourages U.S. trade officials to return to the negotiating table and reach a new softwood lumber agreement with Canada.
Reps. Kenny Marchant (R-TX) and Brian Higgins (D-NY) authored the letter. Representatives only have until Friday, May 25 to sign on to the letter. A draft of the letter can be found here.
Domestic softwood lumber prices have increased 22% since the countervailing duties (CVD) and antidumping duties (AD) investigation started in December 2016 according to the Producer Price Index published by the Bureau of Labor Statistics. In addition, the Random Lengths Framing Lumber Composite price has increased 29% in the past year, and the Random Lengths Structural Panel composite price has increased 30% in the past year.
NLBMDA supports reaching an agreement on the longstanding U.S. – Canada softwood lumber dispute that brings stability and predictability to the pricing and availability of softwood lumber without the imposition of duties.
Take action now by contacting your representative and asking them to sign the bipartisan letter that seeks renewed talks in the softwood lumber dispute.