Canada’s Triumph: U.S. Surrenders to NAFTA Panel’s Softwood Lumber Judgment
After months of whining by high-level Canadian politicians, the U.S. Commerce Department announced yesterday that the U.S. will comply with a NAFTA tribunal's decision requiring the reduction or elimination of U.S. duties on Canadian lumber. The U.S. refusal to eliminate these duties had been one of the main sources of friction between the U.S. and Canada and potentially threatened the...