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Canada to challenge US lumber duties
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Canada to challenge US lumber duties

Canada’s government said it will challenge US duties on softwood lumber, saying the tariffs have caused “unjustified harm” to the industry and workers. “Canada is disappointed that the United States continues to impose unwarranted and unfair duties,” International Trade Minister Mary Ng said in a statement Thursday. “While the duty rates will decrease from the...

U.S. cuts softwood tariffs in half for Canadian lumber as trade dispute continues
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U.S. cuts softwood tariffs in half for Canadian lumber as trade dispute continues

The US Commerce Department is cutting tariffs against most Canadian softwood lumber producers by half, but the long-running trade dispute rages on as Canada plans to appeal a decision to maintain punitive tariff rates. After an administrative review, the US Commerce Department said Thursday that it will reduce the tariff rate for most Canadian lumber...

Canada sees potential for ‘movement’ on U.S. lumber dispute
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Canada sees potential for ‘movement’ on U.S. lumber dispute

Canada sees the potential for some movement toward settling a longstanding dispute with the United States over softwood lumber tariffs as the cost of building materials spikes south of the border, adding to four-decade high inflation. “Given what we are facing around inflationary concerns… this is an issue that we could actually find some movement...

Tolko to invest US$150 million in US sawmill
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Tolko to invest US$150 million in US sawmill

The Board of Directors of Southeastern Timber Products LLC, an STP-Tolko Partnership (STP) announces a $150 million capital investment in the STP lumber mill in Ackerman, Mississippi. The partnership is a joint venture between Tolko Industries (U.S.) Ltd. and STP Holdings, LLC. This investment is the next step in an expansion project that will upgrade the mill from 120MMFBM...

U.S. open to new lumber talks with Canada
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U.S. open to new lumber talks with Canada

The United States is open to fresh negotiations with Canada to resolve a longstanding dispute over U.S. tariffs on softwood lumber but a core sticking point remains, U.S. Trade Representative Katherine Tai said on Wednesday. Tai told a U.S. Senate Appropriations subcommittee meeting that a new lumber trade agreement requires the Canadian government to address...