Home > Term: softwood lumber dispute
softwood lumber dispute
A trade dispute between the U. S. And Canada that has extended over many years. Canada's forest land is mostly owned by provincial governments, which charge a "stumpage fee" for lumber companies to harvest trees. The U. S. Claims that this fee is too low and constitutes an illegal subsidy.
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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Creator
- Noroc
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