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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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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…
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Canada Tariff on US Gypsum Imports
First lumber, now drywall in Canada-U.S. trade tensions “ Canada imported about $277-million worth of lime and gypsum products last year, about 97 per cent of it from U.S. manufacturers, according to Statistics Canada.” “ No company in Canada can compete against U.S. products dumped at such a low price levels,“ Matt Walker, general manager…