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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians

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To: Tommy Moore who wrote (991)7/17/2003 11:12:07 PM
From: marcos  Read Replies (1) of 1293
 
' NAFTA panel sends softwood duty issue back to U.S. government
Last Updated Thu, 17 Jul 2003 18:00:52

WASHINGTON - A North American Free Trade dispute
panel ruled Thursday the U.S. government must
reconsider the anti-dumping duties imposed on
Canadian softwood lumber.

The panel gave the U.S. Commerce Department 60
days to come with answers on 13 points.

The panel was investigating the 8 per cent
anti-dumping duty the U.S. government imposed in
the spring of 2001.

Canada's International Trade Minister Pierre Pettigrew
welcomed the NAFTA panel decision. The federal
government said the ruling states that the United
States' application of anti-dumping duties on Canadian
softwood lumber was inconsistent with U.S. domestic
law.

"The panel told the U.S. to correct its flawed
determination," Pettigrew said. "Canada will continue
to pursue all avenues to defend its softwood lumber
industry, including its other WTO and NAFTA
challenges."

A second decision on countervailing duties of almost
19 per cent is due to be released on Aug. 15.

A representative of U.S. consumer groups and
companies applauded Thursday's decision, saying the
duty amounted to a tax on homebuyers and
remodelers.

"This NAFTA decision is yet another in a series of
rulings that reaffirm that the Department of Commerce
action in imposing anti-dumping and countervailing
duties on softwood lumber is wrong," Susan
Petniunas, spokesperson for the American Consumers
for Affordable Homes. '

cbc.ca
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