The Globe and Mail reports in its Saturday edition that the U.S. International Trade
Commission says it has found there was a reasonable indication
that softwood-lumber products from Canada materially injured American producers, setting
the stage for the imposition
of preliminary duties. A Canadian Press dispatch to The Globe says that the trade commission
announced Friday that it made
an initial determination of harm
from Canadian lumber that is
"allegedly subsidized and sold in
the United States at less than
fair value." It said the U.S. Department of
Commerce will continue anti-dumping
and countervailing duty investigations launched
Dec. 16 into the imported products.
The final phase is a much longer and much more in-depth
investigation where the commission
will determine whether the U.S. industry is
injured by reason of the imports. The preliminary finding could
force U.S. importers of Canadian
lumber to pay cash deposits to
cover preliminary countervailing
duties in early March, followed
in mid-May with deposits for
any anti-dumping duties, unless
the deadlines are extended.
The decision to investigate is
in response to petitions filed in
November from the U.S. Lumber Coalition.
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