U.S. imposes preliminary duties up to 24% on 'subsidized' Canadian softwood lumber

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Softwood Lumber Talks 20161012

Canada’s forest industry felt the slap of the countervailing duties they were bracing for late Monday, with confirmation out of Washington that a U.S. Commerce Department investigation has once again concluded that softwood lumber imports are unfairly subsidized. Canadian imports face new duties ranging from three to 24 per cent.

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