Trump has 'no fear' of trade war with Canada

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"It may be enough to stem the bleeding but we do remain hopeful that the United States and Canada can negotiate another softwood lumber agreement".

- Leader Christy Clark suspended campaigning, opting instead to address developments in the softwood lumber dispute after the USA government announced duties of up to 24 per cent on Canadian wood exports. "I think this will be helpful, ultimately, when it's finalized June 23rd or 24th". "That is the reality of this countervail".

The anti-Canada invective - reinforced by US announcements of sweeping tariffs on Canadian lumber imports - have few parallels in modern history and brought an immediate rebuke from the other side of the border, triggering fears of a trade war between two major economies.

"We have won them all". In four previous softwood lumber disputes at NAFTA and the WTO, Ottawa successfully argued that the use of public land did not give Canadian producers an unfair advantage over their American counterparts. Imports from Canada today account for about a third of the market in the U.S.

The move came after there was no breakthrough in US talks on Canadian dairy tariffs.

An anti-dumping duty could also be coming in June, followed by final duties before the end of the year. Those duties will take effect as soon as the US publishes them in what is known as the federal register, sometime in the next week.

As for what President Trump is going to do - he says what we have to do is watch. It's just getting back to 62,000 jobs now, he added.

There are some differences now compared to 2001, however. John Litza's is one of them.

"What should have happened is they should have redone the agreement, maybe raised prices 10 percent or put a partial tariff on it".

The new import tax is widely viewed as a reaction to allegations that the Canadian government is effectively subsidizing its lumber industry.

"Like many of our industries, lumber relies heavily on exports".

"We are fearful this will have an impact on jobs, but it's hard to quantify at this point", said Whittaker. President Trump spoke on the phone with Gov. Scott Walker about Canada's decision to shut down the market for USA ultra-filtered milk, a move they said put Wisconsin's dairy farmers in danger.

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"Canada", it said, "would continue to defend its interests". The heated rhetoric came amid fresh attacks from the USA president against Canada's dairy industry. The decision found "critical circumstances", which means duties are retroactive for 90 days.

The administration didn't say why they went after five specific firms or why the others had to pay the 20% tariff.

"For us, (U.S. tariffs are) a negative effect on our Canadian business, but the real loser in all of this is the USA homebuilder and USA consumer, who is looking for reasonably priced product". Resolute, a large producer in Eastern Canada, was assessed a subsidy rate of 12.82 per cent.

"These initiatives are available to businesses of all sizes and can assist companies looking to make capital investments, expand market opportunities and diversify into new markets with confidence".

"Clearly, protectionist measures to prop up domestic lumber producers at the expense of millions of US home buyers and lumber users is not the way to resolve the U.S". It exports $110 million to the USA market, Canadian data show.

Doherty praised the provinces for leading the charge against the trade action.

As Donald Trump threatens a trade war with our neighbors to the north, Canadian Prime Minister Justin Trudeau is expected to phone the White House on Tuesday, likely to explain basic economics to the reckless US president. David MacNaughton, Canada's ambassador to Washington, participated in the call. "But it is always the frontline people first".

"We don't know what the actual impact in BC in total will be", says Yurkkovich.

NDP Leader Tom Mulcair was less magnanimous.

He says Democrats "weren't quite expecting that it wasn't going to be as rigid of a situation". "When you're dealing with a bully, at some point you have to stop backing up".

About 360,000 people work in sawmills and other jobs linked to the industry, such as truckers hauling wood, according to the U.S. Lumber Coalition.

"The US has a $400 million dairy surplus with Canada, so it's not Canada that's the challenge here", Trudeau said last week in an interview with Bloomberg.

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