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:: Friday, September 05, 2003 ::
Lumber industry hails 'watershed' NAFTA softwood ruling against U.S. By BRUCE CHEADLE
OTTAWA (CP) - A NAFTA panel has given the United States 100 days to prove that Canadian softwood exports threaten the American lumber industry in a ruling being hailed as "the beginning of the end" of the intractable trade dispute.
The panel - with three American and two Canadian members - issued a unanimous binding ruling Friday that the International Trade Commission in Washington has failed to show that Canadian timber pricing practices have hurt or materially threatened U.S. producers.
And without such proof, say Canadian lumber interests, the foundation crumbles under crippling U.S. duties on Canadian softwood exports.------------------------------------------- posted 5:28 PM :: reference link ::
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