No good deed goes unpunished. A Canadian lumber company’s charitable donation of five bits of wood is construed as dumping by the US Commerce company, which levies a $10 million fine against the giver.
A gift to charity of five pieces of lumber is going to cost Slocan Forest Products more than $10 million in anti-dumping duties after U.S. investigators used the lumber as evidence the Richmond-based company is dumping into the American market.
The U.S. commerce department made an error by placing a value on the donation and then refused to correct it, slapping a 19.2-per-cent anti-dumping duty on Slocan last week, company president Jim Shepherd charged Thursday.
(Thanks, Michael!)