Home Africa News US Raises Duties on Canadian Lumber to Over 35 Percent

US Raises Duties on Canadian Lumber to Over 35 Percent

Share
us-raises-duties-on-canadian-lumber-to-over-35-percent
US Raises Duties on Canadian Lumber to Over 35 Percent
Share
US Raises Duties on Canadian Lumber to Over 35 Percent

Softwood lumber is pictured at a plant in Heffley Creek, B.C. The Canadian Press/Jonathan Hayward

The U.S. Department of Commerce says it has made a final decision to more than double countervailing duties on Canadian softwood lumber imports, a move business groups in British Columbia say will harm communities on both sides of the border.

A statement from the American department said the duty for most Canadian companies is being increased to 14.63 percent, up from 6.74 percent, after it determined softwood lumber from Canada was being unfairly subsidized.

Share
Related Articles
iceland-focuses-on-security-partnerships-after-voters-reject-opening-eu-membership-talks
China NewsEuropeGlobalWorld News

Iceland Focuses on Security Partnerships After Voters Reject Opening EU Membership Talks

Icelandic Minister for Foreign Affairs Thorgerdur Katrin Gunnarsdottir attends a press conference...

vaccine-maker-halts-trial-on-mrna-cancer-shot
China NewsEuropeGlobalWorld News

Vaccine Maker Halts Trial on mRNA Cancer Shot

A pharmacist administers the Pfizer-BioNTech vaccine in Los Angeles, Calif., on October...