View Single Post
Old 08-25-2020, 06:23 AM   #31
C0LLETTE
Practically Lives Here

How Do You Identify?:
Depends on the day.
Preferred Pronoun?:
"I" and "we"
Relationship Status:
Very good. Thank you for asking.
 
C0LLETTE's Avatar
 

Join Date: Feb 2013
Location: Canada
Posts: 11,501
Thanks: 16,676
Thanked 15,260 Times in 4,345 Posts
Rep Power: 21474859
C0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST ReputationC0LLETTE Has the BEST Reputation
Default

Trump’s tariffs on Canadian softwood breached global trading rules, says WTO


A World Trade Organization panel has found the United States broke international trade rules with some of its 2017 tariffs on Canadian softwood lumber, which the U.S. set at 20.23 per cent after accusing Canadian federal and provincial governments of subsidizing softwood.

However, it is unlikely that the ruling will take affect since the U.S. is blocking the WTO’s dispute-resolution system.

The U.S. had claimed that the Canadian governments charged lower-than-market rates for companies to cut down trees on Crown land. South of the border, most lumber is on private lands. However, the WTO has found that the U.S. was wrong, and that the Canadian governments had taken measures to ensure prices were comparable to market rates. The panel wrote that the U.S. had improperly rejected those measures.

The ruling still needs to be upheld by the WTO’s appellate body before taking effect; however, the body currently cannot decide any cases at it is down to only one member since the Trump administration has blocked attempts to appoint new ones. Until the case can reach a conclusion, the tariffs will remain.


BULLY TACTICS AGAINST A MUCH SMALLER ALLY. THIS IS WHAT FEEDS RESENTMENT.

.
__________________
______________________________
______________________________
C0LLETTE is offline   Reply With Quote
The Following 2 Users Say Thank You to C0LLETTE For This Useful Post: