US DoC set to reinstate higher Canadian softwood lumber duties
The Commerce Department intends to reinstate higher anti-subsidy duties on certain imports of Canadian softwood lumber, after concluding it didn’t have the authority to conduct a type of “expedited” duty review, the department informed a federal court. The change is opposed by Canadian public and private interests, and is subject to approval by the U.S. Court of International Trade. The U.S. imported an estimated $5.66 billion worth of softwood lumber from Canada in 2016, according to Commerce, but the product has long been a source of trade tensions between the neighboring ...
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