Canada officially filed a challenge against unfair US softwood lumber duties
Posted on September 5, 2022 |
- The Canadian government filed a notice of the challenge under the U.S.-Mexico-Canada trade agreement's dispute resolution system.
- In early August, the U.S. cut its anti-dumping and countervailing duty rate in half to 8.59% from 17.61%, which harms Canadian businesses and workers but also acts as a tax on U.S. consumers, which are already dealing with inflation and supply chain problems.
Image: CBC News