Lumber Case Lumbers On, U.S. Wins at WTO — Panjiva
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Lumber Case Lumbers On, U.S. Wins at WTO

Ags - Forestry 134 Brazil 416 Canada 530 Chile 115 Materials - Construction 121 Tariffs 1870 U.S. 5404

The WTO has ruled that the U.S. can use its controversial “zeroing” methodology in assessing alleged dumping of Canadian softwood lumber. The win for the U.S. government is important for the WTO’s future operations given the Trump administration’s historic antipathy towards the organization. While U.S. imports of softwood lumber from Canada dropped 25.1% year over year in January to their lowest since at least Dec. 2012, that was in part the result of a 23.7% slump in lumber prices. Nonetheless, Canadian exporters including Canfor and West Fraser have seen a reduced market share in im...

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