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Canada drops two U.S. softwood lumber appeals, opting for negotiations amid ongoing trade tensions.
Canada has dropped two legal appeals challenging U.S. anti-dumping duties on softwood lumber, shifting focus to long-term negotiations with the United States.
The move, made after consultations with industry and provincial partners, comes amid ongoing trade tensions, including U.S. proposals to nearly triple duties to over 20 percent.
While Canada still contests the fairness of the duties and continues six other legal challenges, it has also lifted counter-tariffs on most U.S. goods and announced a $1.2 billion aid package for the lumber sector, including loan guarantees and funding for market diversification.
The decision reflects a strategic pivot toward diplomacy over litigation, despite continued tariffs on steel, aluminum, autos, and lumber under the Canada-U.S.-Mexico Agreement.
Canadá abandona dos apelaciones de madera blanda de Estados Unidos, optando por negociaciones en medio de las tensiones comerciales en curso.