Fascist Oligarchs Attack Cute Cuddly Canadians Message Board

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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians

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To: marcos who wrote (1071)	10/16/2004 2:43:21 AM
From: Snowshoe	Read Replies (2) of 1293

Canada says US to appeal NAFTA order on lumber dispute news.yahoo.com Thu Oct 14, 6:05 PM ET Canada - AFP OTTAWA (AFP) - The United States plans to challenge a NAFTA ruling that its lumber industry is not threatened by Canadian imports, Canadian International Trade Minister Jim Peterson said. "We have been informed of the US administration's intention to file an extraordinary challenge committee proceeding in the NAFTA injury case. It is their right under NAFTA to make such a request," he said. "We will continue to fight for the interests of our softwood lumber industry and for Canadians," Peterson said. "We know that US producers will use every litigation tool available to them in this dispute, but Canada will continue to mount a strong case. The 20-year-old US-Canada softwood dispute reemerged in 2001 after the expiration of a trade deal. A US anti-dumping investigation resulted in Washington imposing duties ranging from 2.18 percent to 12.44 percent on Canadian softwood products in April 2002. Washington has claimed -- and Ottawa has flatly denied -- that Canadian softwood is subsidised and that a so-called flood of Canadian imports has been injurious to the United States. Canada took the dispute to the World Trade Organization (news - web sites) and the North American Free Trade Agreement (NAFTA) review panel, which rejected claims by Washington that its lumber producers had suffered damage as a result of Canadian imports. The panel ordered the US International Trade Commission to reverse its determination on the lumber imports, which resulted in the laying of 19 percent countervailing duties on Canadian wood, within 10 days. The World Trade Organisation had also previously ruled in Canada's favor on the matter, in one of the most significant of a string of reverses for the US lumber industry over the issue. "All along, Canada has maintained that the American industry is not injured by Canadian softwood. Our position will not change," Peterson said.

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