The U.S. Commerce Department on Thursday announced it will impose finalized softwood lumber import duties on several Canadian firms.
The U.S. government said Canadian producers were selling into the U.S. market at less than fair value, and said Canada was providing “unfair subsidies” to domestic producers.
“While I am disappointed that a negotiated agreement could not be made between domestic and Canadian softwood producers, the United States is committed to free, fair and reciprocal trade with Canada,” said Commerce Secretary Wilbur Ross in a statement.
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