US Drops 10% Duty On Canadian Softwood Lumber

Law360, New York (August 30, 2010, 4:44 PM EDT) -- The U.S. announced Monday that it would drop a 10 percent ad valorem duty on softwood lumber imported from parts of Canada after the Canadian government agreed to collect the charge itself, resolving a long-running dispute related to the countries' 2006 Softwood Lumber Agreement.

Under terms set out in a Federal Register notice, the Office of the U.S. Trade Representative will lift the existing 10 percent duty on softwood lumber products from Ontario, Quebec, Manitoba and Saskatchewan shipped on or after Sept. 1.

The Canadian government,...
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