{"id":77090,"date":"2023-08-22T17:50:14","date_gmt":"2023-08-22T21:50:14","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/canada-to-contest-us-softwood-lumber-tariffs-deemed-unfair-unjust-and-illegal-77090"},"modified":"2023-08-22T17:50:14","modified_gmt":"2023-08-22T21:50:14","slug":"canada-to-contest-us-softwood-lumber-tariffs-deemed-unfair-unjust-and-illegal","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/canada-to-contest-us-softwood-lumber-tariffs-deemed-unfair-unjust-and-illegal-77090","title":{"rendered":"Canada to contest US softwood lumber tariffs deemed ‘unfair, unjust and illegal’"},"content":{"rendered":"
\n

Canada will challenge what Ottawa described as “unfair, unjust and illegal” U.S. duties on Canadian softwood lumber products, the trade ministry said on Tuesday.<\/p>\n

The softwood lumber tariffs are the legacy of a decades-long trade dispute over the structure of Canada’s timber sector that could not be resolved when a quota agreement expired in 2015.<\/p>\n

U.S. producers say the Canadian exports<\/a> are unfairly subsidized and in July, the country’s commerce department ruled that most Canadian softwood lumber would be subject to a 7.99% tax.<\/p>\n

Canada on Monday filed notices of intent to commence judicial review regarding those duties, the trade ministry said in a statement, adding that Ottawa remained willing to discuss a negotiated outcome with Washington.<\/p>\n

PM JUSTIN TRUDEAU THANKS CANADIANS FOR SUPPORT FOLLOWING ANNOUNCEMENT THAT HE AND HIS WIFE ARE SEPARATING<\/strong><\/a><\/p>\n

“For years, the United States has imposed unfair, unjust and illegal duties on Canadian softwood lumber<\/a>, hurting Canadian industry and increasing housing costs in both countries,” Trade Minister Mary Ng said in the statement.<\/p>\n

“Canada is taking the necessary steps to actively defend the interests of our softwood lumber industry and the workers and communities that rely on it.”<\/p>\n

The United States has said that Canadian timber harvested<\/a> from federal and provincial lands with low government-set stumpage fees constitutes an unfair subsidy, while most U.S. timber is harvested from private land at market rates.<\/p>\n

The U.S. Commerce Department did not immediately respond to a request for comment.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/world\/canada-contest-us-softwood-lumber-tariffs-deemed-unfair-unjust-illegal <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Canada will challenge what Ottawa described as “unfair, unjust and illegal” U.S. duties on Canadian softwood lumber products, the trade ministry said on Tuesday. 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