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Certain Softwood Lumber Products from Canada: Proposed Scope Exclusions
On May 5, 2017, the Government of Canada submitted comments with the International Trade Commission and the US Department of Commerce regarding proposed scope exclusions currently under consideration in this latest round of Canada-US Softwood Lumber Dispute. The requested exclusions are for items not included in the 2006 Softwood Lumber Agreement and of remanufactured lumber products.…
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Rayonier Advanced Materials to Buy Tembec
In a stunning move sure to overjoy shareholders, Montreal, QC’s, Tembec Thursday announced it is entertaining a takeover bid by Rayonier Advanced Ma- terials, based out of Jacksonville, FL. Tembec is selling to Rayonier for $4.05 a share in cash or the equivalent in Rayonier shares. The $320-million offer, which also includes the assumption of…
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Latest Softwood Lumber Dispute Rumblings
The federal government’s aid package for the Canadian softwood lumber industry is expected to go before cabinet Tuesday for final approval. Also, after newly appointed US Trade Representative Robert Lighthizer said this week that he hoped the issue could be resolved before the formal start of negotiations on the trilateral NAFTA trade agreement, according to…
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IMM Information Notice 17-IMM-001, Recommendation for Processing Entries Subject to the Canadian Softwood Lumber Countervailing Duty (CVD) Case C122-858
More excellent word from Madison’s very worthwhile source on the development of new softwood lumber duties for Canadian exporters shipping into the US: US Customs Brokers are instructed to revise all entries of Canadian softwood lumber captured by the present Canadian Softwood Lumber CVD Case facilitated on or after January 28, 2017 to type 03…
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Softwood Lumber Tariff and US Housing
The conversation shifted slightly this week; or perhaps more correctly expanded, from specifics of assignation of US duties on imports of Canadian softwood lumber to the effects of that on a tenderly burgeoning US home building industry. Rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a…
