US-Canada Lumber Trade Fight Enters New Phase

摘要

The long trade battle over the pricing of Canadian softwood-lumber shipments to the U.S. has become more intense, after a U.S. trade panel's Dec. 7 ruling that the exports have hurt domestic producers.rnThe U.S. International Trade Commission unanimously decided that Canadian shipments have "materially injured" U.S. lumber companies. The panel's action clears the way for the Commerce Dept. to impose tariffs on the Canadian products. The Commerce Dept. on Nov. 2 set tariffs on Canadian lumber shipments as high as 23.76%.