U.S. slaps dumping duties on Canadian wood
When combined with preliminary anti-subsidy duties issued in April, the new measures will bring total duties on Canadian lumber to between 17.41 percent and 30.88 percent.
The announcement, which was largely expected, prompted an angry reaction from the Canadian government against what it called unfair and punitive duties.
"We will vigorously defend Canada's softwood lumber industry, including through litigation," the government said in a statement.
The bilateral dispute is the fifth over lumber in less than 40 years. ■