Although it’s hard to know if a movie sequel will turn out like its forerunners, Softwood Lumber V is certainly proceeding with the same formula as the past. The first step being a US International Trade Commission (ITC) determination that “there is a reasonable indication that a U.S. industry is materially injured by reason of imports of softwood lumber products from Canada that are allegedly subsidized and sold in the United States at less than fair value”, which arrived on Friday.
Although the US Lumber Coalition is mum on the determination, the headlines are following the script:
- Lumber trade ‘injury’ claim upheld by U.S. (BC Local News)
- Early U.S. softwood lumber finding stokes fear of job losses in Canada (The Canadian Press)
- Feds remain bullish after softwood ruling (Kenora Online)
Next up: The ITC presents their views to U.S. Department of Commerce on January 17, which is just three days before president-elect Donald Trump’s inauguration. What could wrong?
— Tree Frog Editors
Read More