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Source: SOUTHERN FARM NETWORK, 9/7/22
Canada is, once again, initiating a formal challenge of American duties on Canadian softwood lumber. International Trade Minister Mary Ng recently filed notice of the challenge under the U.S.-Mexico-Canada trade agreement’s dispute resolution system. Earlier this month the U.S. cut its countervailing duty rate on Canadian softwood lumber imports in half to about 8 and a half per cent, down from the previous 17 and a half per cent duty. For more of this story, click here.
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