Softwood lumber: Canada takes its complaint to the World Trade Organization - News Summed Up

Softwood lumber: Canada takes its complaint to the World Trade Organization


WASHINGTON — Canada is taking its softwood lumber case to the World Trade Organization, setting in motion a potentially years-long fight against the United States before the international commercial body. “The U.S. … decision to impose punitive anti-dumping and countervailing duties on Canadian softwood lumber producers is unfair, unwarranted and deeply troubling,” the Canadian government said in a statement. “We will forcefully defend Canada’s softwood lumber industry.”Canada is also fighting the case through NAFTA’s dispute-resolution system. Canadian softwood lumber exports to the U.S. are down about six per cent this year compared with last year, according to federal data analyzed by CIBC. With duties on Canadian lumber and a hot U.S. construction market, CIBC calculates German softwood exports to the U.S. have surged more than 600 per cent this year.


Source: National Post November 28, 2017 18:00 UTC



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