Canada launches legal challenges against U.S. for nearly doubling softwood lumber duties.
Canada is launching two legal challenges against the U.S. for nearly doubling softwood lumber duties, which increased from 8% to over 14.5% in August. International Trade Minister Mary Ng argues these duties are unfair, harming the Canadian industry and raising housing costs. This dispute is part of a long-standing trade issue between the countries and is significant in the context of the upcoming U.S. presidential election.
September 09, 2024
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