WTO appeals panel rules against US in softwood lumber dispute with Canada Joe Shaulis at 4:01 PM ET
[JURIST] The Appellate Body of the World Trade Organization (WTO) [official website; JURIST news archive] ruled Tuesday that US tariffs on softwood lumber from Canada [JURIST news archive] violate international trade rules. The appellate report [PDF text] reverses April's panel decision favoring the United States [JURIST report], which Canada appealed. The Appellate Body found that the US method of calculating the anti-dumping tariffs, known as zeroing, arrived at artificially high prices because it did not take into account transactions in which Canadian lumber sold at higher prices than US lumber.
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