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Thursday, November 30, 2017

Canada Heads to WTO over Softwood Lumber Import Duties Proposed By US

Canada has requested consultation at the WTO with the U.S. over import duties imposed by the U.S. on softwood lumber from Canada."We are reviewing the consultations request," U.S. Trade Representative spokeswoman Amelia Breinig said in a statement. "We are confident that the Department of Commerce's determinations fully comply with WTO rules." She noted the action by Canada is "premature" since the duties are not in place yet and are awaiting a final injury determination by the U.S. International Trade Commission December 18.The proposed anti-subsidy duties range from 3.2% to 8.89%, and countervailing duties range from 3.34% to 18.19%.