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U.S. makes final finding Canada lumber dumped, sets duties
November 2, 2017 / 3:49 PM / a month ago

U.S. makes final finding Canada lumber dumped, sets duties

WASHINGTON, Nov 2 (Reuters) - The U.S. Commerce Department said on Thursday it made a final finding that imports of Canadian softwood lumber are being unfairly subsidized and dumped in the United States, escalating a trade dispute with Canada in the midst of talks to renegotiate NAFTA.

The decision imposes anti-dumping and anti-subsidy duties affecting about $5.66 billion worth of imports of the key building material. The department said exporters from Canada have sold softwood lumber in the U.S. market at 3.20 percent to 8.89 percent less than fair value, and that Canada is providing unfair subsidies at rates of 3.34 percent to 18.19 percent. (Reporting by Eric Walsh; Editing by David Alexander)

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