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Canada rejects 'Unfair' U.S. softwood lumber duty extension.

2023-08-29 02:00 BUSINESS & TRADE Wood
Ottawa will challenge the "Unfair, Unjust, and Illegal" extension of U.S. import duties on Canadian softwood lumber, originating from disagreements in Canada's timber sector structure.

Ongoing struggle emerged after the quota agreement's inability to resolve disagreements post-2015

U.S. producers accused Canada of unfairly subsidizing the lumber sector, spurring tariffs

U.S. Commerce Department imposed a 7.99% duty rate on imported Canadian softwood lumber

As a result, Canada launched a Judicial Review process against U.S. import duties, seeking a resolution