Canada applauds trade dispute panel’s ruling on US softwood lumber policy review ...Middle East

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Canada welcomed on Thursday a trade dispute panel ruling which said the U.S. should review parts of its policy on softwood lumber which includes duties on most such products exported from its northern neighbor. The duties are the legacy of a decades-long trade dispute over the structure of Canada’s timber sector that could not be resolved when a quota agreement expired in 2015. U.S. producers say Canada unfairly subsidizes its lumber sector. The United States has based its tariffs on a finding that Canadian timber harvested from federal and provincial lands with low government-set stumpage fees constitutes an unfair subsidy, while most U.S. timber is harvested from private land at market r

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