Canada Challenges U.S. Softwood Lumber Duties
Canada Challenges U.S. Softwood Lumber Duties
Canada Challenges U.S. Softwood Lumber Duties
News summary

Canada has initiated two new legal challenges against the United States concerning increased tariffs on softwood lumber imports, following a significant hike in duties that nearly doubled the rates. International Trade Minister Mary Ng stated that these challenges will contest the U.S. Department of Commerce's recent decisions regarding anti-dumping and countervailing duties, which she labeled as 'unfair and unjust'. The new duty rates now require New Brunswick's largest forestry company to pay a combined rate of 11.68%, while other producers face rates as high as 14.54%. Ng emphasized the adverse impact of these tariffs on Canadian industry, jobs, and housing costs in both countries, and expressed Canada’s readiness to negotiate a fair resolution. The softwood lumber trade dispute has been ongoing for decades, with Canada previously having paid over $9 billion in duties related to this issue. Ng's comments reflect a commitment to resolving this long-standing trade conflict while advocating for the rights of Canadian lumber producers.

Story Coverage
Bias Distribution
100% Right
Information Sources
37a048d0-d1c3-4045-a275-fea6b8818300
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
7 days ago
Bias Distribution
100% Right
Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News