Long-outlawed U.S. trade policy wins WTO approval in Canada's lumber dispute

The WTO has approved a contested U.S. method of calculating anti-dumping tariffs against Canadian softwood lumber imports. (CBC)

Industry News
Tools
Typography

A World Trade Organization ruling approved a long-outlawed U.S. trade policy on Tuesday, when a panel of adjudicators said Washington's use of "zeroing" to calculate anti-dumping tariffs was permissible in the case of Canadian softwood lumber.

The WTO's long-running row over zeroing is a technical dispute that turned into a power struggle between the United States and the arbiters of international trade law.

Read more...

Source: CBC News