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To: AllansAlias who wrote (34916)3/22/2002 1:01:16 PM
From: Sully-  Respond to of 209892
 
Interesting development.............

12:53 ET Pru sees duty on Canadian lumber as negative for US producers : Prudential believes that the new duty on Canadian lumber exports to US could be a huge negative for American producers such as PCL, LPX, and WY; believes retailers such as HD and LOW will seek out new sources of supply from Siberia, New Zealand, Indonesia, Brazil, Scandanavia and other nations, and expects those new sources of supply to remain entrenched after such a duty expires.
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Associated Press

U.S. Imposes Canadian Lumber Tariffs

By KATHERINE PFLEGER
Associated Press Writer

U.S. Imposes Tariffs on Canadian Softwood Lumber, Claiming Unfair Trading Practices

WASHINGTON (AP) -- The U.S. government issued duties Friday totaling 29 percent on a popular type of Canadian lumber to protect American jobs and retaliate for what it says are unfair trade practices......................

biz.yahoo.com