A group led by the U.S. Lumber Coalition has fired a new salvo in a long-running trade dispute, alleging that programs designed to help combat climate change are unfair subsidies to Canadian softwood producers.softwood lumberNew subsidies come from four federal programs in Canada geared toward helping companies meet climate goals, according to the influential U.S. industry group COALITION, which stands for Committee Overseeing Action for Lumber International Trade Investigations Or Negotiations.
The Commerce Department said it is “initiating an investigation of subsidy programs,” starting by sending out questionnaires to government and industry officials in Canada. The Commerce Department has imposed countervailing duties as penalties in response to what U.S. authorities view to be subsidized Canadian lumber. As well, the Commerce Department has levied anti-dumping duties, arising from the U.S. contention that Canadian producers sell softwood at below market value.
The Canadian government, five provinces and Canada’s forestry industry told the Commerce Department that no unfair subsidies are being given specifically to Canadian softwood producers to fight climate change. “If the department were to countervail any of these programs in this review, the department would be violating the applicable countervailing duty statute and regulations, and would be at odds with the executive order of the President directing trade policy to address the global climate crisis,” lawyers for the Canadian government and other parties from Canada said in their filing.The protracted trade fight is in its fifth round, dating back 40 years. The U.S.
Four Canadian producers pay different rates from most others. Montreal-based Resolute Forest Products Ltd.’s
Is this all the American do is bitch.
Lumber prices must be falling. The USA southern lumber lobbyists are rising. Again
Remember Snake Island. GFY. 😂
Of course they do otherwise how else would they justify the tariffs other than saying “Because we can!”