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Softwood lumber dispute—dumping should not be a trade issue

This week the Trump administration escalated the softwood lumber dispute with Canada when the U.S. Commerce Department imposed a preliminary anti-dumping duty of up to 7.72 per cent on Canadian softwood lumber exports. (In this context, “dumping” takes place when the price of Canadian lumber on the U.S. market is lower than the cost of production or selling price in Canada.)When combined with preliminary anti-subsidy duties issued by the U.S. in April, the combined trade measures could bring total U.S. duties on Canadian softwood lumber to as high as 31 per cent.Both governments have indicated the will to strike a

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