Canada launches NAFTA plea opposite softwood lumber duties
Canada is rising a plea underneath a North American Free Trade Agreement opposite recently announced U.S. duties opposite Canadian softwood lumber imports.
The Canadian supervision filed a grave notice on Tuesday of vigilant to ask a investiture of a binational row underneath NAFTA to examination a U.S. Department of Commerce’s new final integrity on countervailing duties on a lumber.
The Commerce Department pronounced on Nov. 2 that it had determined that Canada was providing astray subsidies to a producers of softwood lumber during rates from 3.34 per cent to 18.19 per cent. It pronounced it would indoctrinate U.S. Customs and Border Protection to collect money deposits from importers of softwood lumber from Canada formed on a final rates.Â
The U.S. also imposed anti-dumping duties opposite Canadian lumber.
Canada pronounced it is requesting a row underneath NAFTA’s Chapter 19, that deals with reviews and brawl fortitude associated to countervailing and anti-dumping duties.
“The U.S. Department of Commerce’s preference on punitive countervailing and anti-dumping duties opposite Canada’s softwood lumber producers is unfair, unwarranted, and deeply troubling,” according to a matter released Tuesday from a bureau of a unfamiliar affairs minister.Â
“As a supervision has pronounced publicly for some time, we will forcefully urge Canada’s softwood lumber industry, including by litigation, that we are rising today,” a matter said.
The Commerce Department’s integrity contingency still be authorized by a U.S. International Trade Commission, that is scheduled to make a final determinations by Dec. 18, 2017.Â
If a ITC agrees with a government’s decision, a Commerce Department will emanate orders to collect a duties. If a ITC finds that U.S. producers were not harmed by Canadian softwood imports, a Commerce Department’s box will be terminated.
Article source: http://www.cbc.ca/news/business/softwood-lumber-duties-panel-1.4402007?cmp=rss