Canadian softwood producers brace for 2nd wave of U.S. lumber duties

[shockedcanadian]

Great decision by Wilbur Ross. Time to move on dairy and also corporate exposure and exploitation being conducted in the city of Toronto. Canada has been getting a massively one sided deal buying U.S corporate ad manufacturing jobs while gaining cross border access to 300M+ capitalists while allowing access to 35M socialists. How is that a good deal for American businesses or American tax payers?

Socialism and capitalism don't mix. no matter what Canadians tell you. You compete against the state while the state of Canada competes with medium U.S businesses and simply buys your jobs.

No more.

http://www.cbc.ca/news/politics/softwood-lumber-duties-1.4177436

Canada's softwood lumber industry is bracing for a second wave of U.S. duties expected to come Monday that could put further pressure on producers, particularly smaller ones, to cut jobs.

The U.S. Department of Commerce announced in April preliminary countervailing duties against five companies ranging between three and 24 per cent, with other producers facing a tariff of 19.88 per cent.

This time, the U.S. is expected to announce preliminary anti-dumping duties with an average rate of around 10 per cent, which would be added on to the previous levy.

Analyst Paul Quinn of RBC Capital Markets believes the U.S. will play hardball and impose high anti-dumping rates in order to push Canada to agree to a deal before negotiations on NAFTA begin in August.

"Anti-dumping (duties) is a way to scare the Canadians and try to force them to get something done," he said from Vancouver.

 

[Toro]

Awful move.

The American lumber industry has lost every single case it has taken to international bodies on this for over three decades.

It's an example of a special interest of American corporations screwing the American consumer.

 

[shockedcanadian]

Awful move.

The American lumber industry has lost every single case it has taken to international bodies on this for over three decades.

It's an example of a special interest of American corporations screwing the American consumer.

That's ironic, that's precisely what Canadians think about the overpriced consumer goods we have to pay due to the state run monopolies. This is AFTER the taxpayer subsidies to these failing businesses.

Wilbur Ross is no fool, he knows that the U.S has been fleeced for decades. If he didn't know, he sure as hell is learning fast.