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US New & Existing Home Sales, House Prices: Oct 2016
Both new and existing home sales gures for October were released in the US this week, showing signs of steady, if muted, improvement. US New Home Sales: October 2016 The US Census Bureau and Department of Housing and Urban Development in a joint release reported that newly constructed single family homes sold at a seasonally…
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Manufacturing Orders, US: October 2016
The flash Markit US PMI manufacturing index, released Wednesday, strengthened to 53.9 for November from 53.4 the previous month. The figure was higher than the consensus forecast of 53.4 and also the highest reading for 13 months. Production increased for the sixth consecutive month and the November reading was the strongest since March 2015. US…
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Canada Tariff on US Gypsum Imports
A new trade dispute has broken out between Canada and the US that threatens to raise prices in Canada’s already overheated housing markets, said the Globe and Mail Thursday. The Canada Border Services Agency imposed a provisional tariff as high as 277 per cent on US drywall imports in September after ruling that manufacturers were…
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US Petitions for AD and CVD Investigations of Imports of Softwood Lumber Products from Canada
FACT SHEET Committee Overseeing Action for Lumber International Trade Investigations or Negotiations (“COALITION”) Files Petitions for Antidumping and Countervailing Duty Investigations of Imports of Softwood Lumber Products from Canada On November 25, 2016, the COALITION initiated legal action seeking enforcement of existing U.S. trade laws to offset the harmful effects of imports of Softwood Lumber…
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U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, Dumping
Subject: Press Release — U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, Dumping FOR IMMEDIATE RELEASE CONTACT: Zoltan van Heyningen | zoltan@uslumbercoalition.org | 703‐597‐8651 WASHINGTON, DC (November 25, 2016) – The Committee Overseeing Action for Lumber International Trade Investigations or Negotiations (COALITION) today petitioned the U.S. Department of Commerce and the U.S. International Trade…
