The Wall Street Journal: Canada to challenge U.S. lumber tariffs through Nafta panel

OTTAWA — Canada on Tuesday said it intends to escalate its legal fight against the U.S. Commerce Department’s decision to slap tariffs of roughly 20% or more on Canadian lumber imports.

The Canadian government filed a notice to set up a dispute-resolution panel under the terms available through North American Free-Trade Agreement. These expert panels have the power to overturn or sustain tariffs imposed by the U.S., Canada or Mexico on goods from one of its Nafta partners.

The Trump administration wants to largely repeal the dispute-settlement system in talks to renegotiate Nafta, which restart later this week in Mexico. Canada has repeatedly said it won’t budge on its insistence the panel system remain in place, as they are a crucial tool Canadian firms use to fight what they deem unfair tariffs imposed by Commerce.

A spokesman for Canadian Foreign Minister Chrystia Freeland said the U.S. decision to impose duties against Canadian lumber imports is “unfair, unwarranted and deeply troubling.” He added Canada “will forcefully defend” its lumber industry, including through litigation.

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

U.S. Catholic leaders signal resistance to pope’s agenda.

The fanny pack has returned. Now cheer. Or cringe.

Filed in: Top News Tags: 

You might like:

The Wall Street Journal: Whitefish halts Puerto Rico power repairs over $83 million in unpaid bills The Wall Street Journal: Whitefish halts Puerto Rico power repairs over $83 million in unpaid bills
NewsWatch: This chart on research productivity is bad news for the stock market NewsWatch: This chart on research productivity is bad news for the stock market
How to talk to your family about bitcoin at Thanksgiving dinner How to talk to your family about bitcoin at Thanksgiving dinner
Market Extra: Bitcoin breaks $8,000 milestone and keeps on rising Market Extra: Bitcoin breaks $8,000 milestone and keeps on rising
The Wall Street Journal: Justice Department sues AT&T, Time Warner over potential merger The Wall Street Journal: Justice Department sues AT&T, Time Warner over potential merger
The Wall Street Journal: Shares of Outback Steakhouse parent surge after Jana discloses large stake The Wall Street Journal: Shares of Outback Steakhouse parent surge after Jana discloses large stake
One major way U.S. credit-card debt is getting worse One major way U.S. credit-card debt is getting worse
Amazon’s sketchy health products could hurt its big pharmacy ambitions Amazon’s sketchy health products could hurt its big pharmacy ambitions

Leave a Reply

Submit Comment
© 2017 Stock Investors News. All rights reserved. XHTML / CSS Valid.