Canada welcomes panel directing US to review softwood lumber duties

Canada welcomed on Thursday a trade dispute panel ruling which said the U.S. should review parts of its policy on softwood lumber which includes duties on most such products exported from its northern neighbor. At the end of July, the U.S. Commerce Department set the combined dumping duty rate for Canadian softwood lumber at 8 per cent. Canada contested the duties, and the North American Free Trade Agreement (NAFTA) Chapter 19 panel has now ruled in Canada’s favour, according to Mary Ng, Minister of Export Promotion, International Trade and Economic Development. “Canada is pleased ...