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The Wall Street Journal: U.S. delays penalties on Canadian lumber imports for two months

WASHINGTON — The Trump administration said Monday it would delay for two months the imposition of penalties on imports of Canadian lumber, citing continuing bilateral negotiations over the nettlesome trade dispute.

“I remain hopeful that we can reach a negotiated solution that satisfied the concerns of all parties,” Commerce Secretary Wilbur Ross said in a statement announcing the reprieve. “This extension could provide the time needed to address the complex issues at hand and to reach an equitable and durable suspension agreement,” he added.

Ross said that penalties which had been scheduled to take effect Sept. 7 would now be delayed until Nov.

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