Under this brilliant deal the U.S. will only return about $4 billion of almost $5.3 billion in duties it has collected. The new deal will see a Canada put an export tax on softwood and export shipment restrictions. Canadian softwood producers are also forced to drop the close to 30 lawsuits stemming from the American’s illegal punitive action. "Despite losing countless cases in front of both its own legal system and the World Trade Organization, the U.S. simply ignored the rulings and used its heavy-handed tactics to force an agreement." "The U.S. has indicated it will increase tariffs should the deal collapse." - Canada submits on softwood
“No One Is Supporting This Deal"
Tuesday, August 29, 2006
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