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Rubber and Wood August 05, 2022 04:05:15 PM

Canada Disputes Final Ruling on Softwood Lumber Duty

Paul Ploumis
ScrapMonster Author
At the same time it highlighted that an agreement with the U.S. that benefits all the parties will be the best avenue.

Canada Disputes Final Ruling on Softwood Lumber Duty

SEATTLE (Scrap Monster): Canada announced that it will challenge the U.S. final ruling on tariffs applied to softwood lumber exports from the country. It must be noted that the U. S. Department of Commerce had issued its final determination of total duty rate of 8.5% for Canadian lumber imports, saying that they are unfairly traded to the U.S. market.

The joint statement issued by Katrine Conroy, Minister of Forests; Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation and George Chow, Minister of State for Trade stated that Canada continues to be frustrated by the U.S. decision to persist with unjustified duties on B.C. and Canadian softwood lumber exports to the U.S.

RELATED NEWS:

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As per the statement, the tariffs will make housing and lumber more expensive on both sides of the border, at a time when both the countries need to work together to fight rising costs related to global inflation. B.C. will join hands with the Government of Canada to advocate for a fair market and vigorously defend against this unfair U.S. trade action and unwarranted duties, it noted.

Canada seeks to relentlessly pursue litigation through all available avenues, including under the North American Free Trade Agreement, the Canada–United States–Mexico Agreement and the World Trade Organization. At the same time it highlighted that an agreement with the U.S. that benefits all the parties will be the best avenue.

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