WTO: US violated rules in calculating tariffs on Canadian softwood lumber
In a ruling on Tuesday, the World Trade Organization found the U.S. violated international trade rules in how it calculated tariffs on Canadian imports of softwood lumber.
However, WTO also allowed the U.S.’s use of zeroing, a method used in calculating anti-dumping duties on Canadian lumber, Bloomberg reports.
According to Bloomberg, Canada is considering an appeal based on WTO’s decision on zeroing.
“We are pleased to see the WTO has found the United States did not follow the rules in calculating the anti-dumping margins, however, we are concerned by the WTO’s ruling on zeroing,” Canadian Foreign Minister Chrystia Freeland said. “This is a practice which in past rulings has often been condemned, and we are now looking at next steps.”
Both countries have 60 days to decide if they want to appeal the ruling.
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