From National Journal Daily Extra AM:

Randy Loayza, writing for R Street Institute

The Commerce Department’s decision to reduce rates for exporters of Canadian lumber is the “most promising development in a long-running trade dispute.” The now-35-year dispute arose from a number of factors, including allegations that “Canadian provincial governments artificially set below-market prices for the use of public timberlands” and unfavorable exchange rates. This is a positive development for American homebuilders. “The National Association of Home Builders in the United [States] has been adamant about the need for lumber imports to meet domestic demand. They also estimate that, of the approximately 33 percent of lumber imported last year, 95 percent came from Canada.”

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