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:: Wednesday, January 21, 2004 ::
Ottawa consulting provinces to try to restart softwood talks with U.S. By SANDRA CORDON, CBC News
A WTO appeals panel agreed with Washington's claim that lumber from lands owned by the provinces may be unfairly subsidized if the provinces sell the wood at below-market price.
Therefore the United States has the right to impose extra duties to prevent cheap Canadian wood from harming U.S. manufacturers, the panel said in its final decision.
It stressed, however, that Washington would still have to carry out more extensive investigations before it could justify imposing duties on some imports of logs.
Analysis: 2004 home decline clouds lumber By Hil Anderson, UPI
The disputed tariffs slapped on Canadian lumber imports by the United States were upheld Monday at a time when the U.S. homebuilding market is expected to cool off.
If the slowdown materializes as predicted, a decline in housing construction could cause a noticeable sag in the market price that is used to calculate the tariff.------------------------------------------- posted 6:49 AM :: reference link ::
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