US agency confirms Canada softwood lumber hurting US industry

A US trade body on Thursday upheld the decision to impose punitive duties on Canadian softwood lumber imports, the latest move in a long-running trade dispute between the neighboring countries.The US International Trade Commission said it agreed with the Commerce Department's finding last month that the lumber using in homebuilding is being dumped on the US market and harming domestic firms.The product is "subsidized and sold in the United States at less than fair value," which "materially injured" US lumber producers, the agency said in a statement.The decision means the...

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By: France 24 - Thursday, 7 December

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