:: rawblogXport ::

:: Thursday, July 17, 2003 ::

U.S. Consumers Welcome NAFTA Panel Ruling in Favor Of Affordable Homes in Canadian Softwood Lumber Dispute
"U.S. consumers today applauded a ruling by a neutral North American Free Trade Agreement (NAFTA) panel that says the U.S. Department of Commerce was wrong in imposing an eight percent anti-dumping duty on softwood lumber imports from Canada that have resulted in a tax on homebuyers and remodelers.
'This NAFTA decision is yet another in a series of rulings that reaffirm that the Department of Commerce action in imposing anti-dumping and countervailing duties on softwood lumber is wrong,' said Susan Petniunas, spokesperson for the American Consumers for Affordable Homes (ACAH), an alliance of U.S. consumer groups and companies. "

NAFTA panel rules against Canadian softwood
A NAFTA dispute panel has upheld U.S. anti-dumping duties on Canadian softwood lumber, ruling that the U.S. Department of Commerce acted lawfully when it imposed the duties.

However, the panel gave the department 60 days to clarify some issues, raising the possibility that the department may have to re-calculate some of the average 8.63% duties on Canadian lumber shipped to the United States.


Ottawa, softwood industry pleased with early NAFTA report on tariffs Industry officials in Canada had been predicting that the NAFTA panel ruling on anti-dumping duties would be ambiguous.

They've pinned their hopes on a second and more weighty NAFTA ruling that's due in mid-August on the much-larger countervailing - or anti-subsidy - duties.

Those average close to 20 per cent.

posted 1:09 PM :: reference link :: 0 comments ::

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