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Court Rejects Transfer of Duties to Lumber Firms

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Reuters

The U.S. Court of International Trade slapped an injunction on the U.S. government that prevents it from handing over any more duties from Canadian softwood lumber imports to U.S. industry competitors.

The ruling, issued Friday, stopped short of reimbursing money already paid out under what is known as the Byrd amendment.

Although Canada and the U.S. recently finalized a deal to end a long-standing lumber dispute, the issue of payments made under the Byrd amendment had remained unresolved.

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