Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I'm not aware of this..what rulings, what court?Big Blue Machin said:Why are you guys ignoring the court rulings that what you are doing is illegal with soft-wood lumber duties?
Forgot the link...The Countervailing Duty
In order to legally impose a countervailing duty against softwood lumber imports from Canada,
the USDOC was required to prove that the softwood lumber industry was subsidized by the
Canadian government; specifically that the Canadian government provided a financial
contribution to the softwood lumber industry that benefited Canadian softwood lumber
producers. In August 2003 a NAFTA panel concluded that the USDOC had shown that the
Canadian government did provide a financial contribution (via below market stumpage rates)
and that this financial contribution was provided to a specific industry (Canadian softwood
lumber producers). However, the NAFTA panel concluded that the methodology used by
USDOC to measure the extent of the benefit provided to Canadian softwood lumber producers
was contrary to law. The NAFTA panel asked USDOC to recalculate the benefit provided to
the softwood lumber industry as a result of below market stumpage rates.
In response to the NAFTA panel remand, USDOC adopted a market principles methodology in
place of the earlier cross border price comparisons to estimate the benefit conferred upon the
softwood lumber industry. Using this new methodology, USDOC concluded in January 2004
that the CVD rate on Canadian softwood lumber imports should be 13.2% (down from the
original 18.8% rate), thereby reducing the total import duty (CVD + AD) from 27.2% to 21.3%
(although the applied duty will not be changed until an administrative review is completed).
