The US Commerce Department is cutting tariffs against most Canadian softwood lumber producers by half, but the long-running trade dispute rages on as Canada plans to appeal a decision to maintain punitive tariff rates. After an administrative review, the US Commerce Department said Thursday that it will reduce the tariff rate for most Canadian lumber producers to 8.59%, compared to the current 17.91%. The Commerce Department had made its intentions to cut tariffs known in January, proposing a preliminary tariff rate of 11.64 percent, and has now lowered that amount further with a final ...