The U.S. Department of Commerce plans to raise tariffs levied against Canadian softwood lumber producers, marking the latest salvo in the long-running trade dispute.
Based on the Commerce Department’s preliminary assessment, the combined countervailing and anti-dumping duty rates will be 13.86 per cent for most Canadian producers, compared with 8.05 per cent currently.
This seems to come up with some regularity.
Could someone explain the situation in the States? Was there some big land grab by private interests, or is there still plenty of public land but it’s all either logged out or protected at this point? Or some other complication?