:: rawblogXport ::

:: Thursday, September 04, 2003 ::

Commerce Department Finds 8.38% Preliminary Antidumping Rate on Canadian Softwood Lumber 'The Coalition for Fair Lumber Imports again calls on the Canadian government to halt its unfair trading practices and seek open and competitive timber and lumber markets through a negotiated settlement,' added Wood. 'Canada is America's important and valued trading partner. However, in order to solve an internal unemployment problem they have created an international one. We strongly desire free trade and competition.'

U.S. says it has found new evidence of Canadian softwood dumping: "The dispute has threatened to cripple the $10-billion annual export industry, based primarily in British Columbia and Quebec, where mills have closed, costing thousands of jobs.

Ottawa and the provinces have challenged the American duties at both the World Trade Organization and NAFTA.

Last week, the WTO ruled against Washington's countervailing duties. But the win wasn't entirely clear and isn't binding on the U.S.

In August, a NAFTA panel, which is binding and carries more weight in the U.S., also ordered Washington to review its countervail duties that total 18.9 per cent.

posted 6:27 AM :: reference link :: 0 comments ::

-------------------------------------------