OTTAWA — First were the tariffs on Canadian softwood lumber.
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Homebuilders denounce tariff on Canada's softwood lumber: A lobbing group for homebuilders on Tuesday denounced the Trump administration's move to slap tariffs on Canada's softwood lumber industry in the long-running trade dispute.
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Think softwood lumber — as "in the weeds" as it gets.
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The Commerce Department has called out Canadian softwood lumber subsidies.
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Commerce prepares to levy tariffs on Canadian softwood lumber imports.
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The U.S. imports almost 80 percent of Canada's softwood lumber.
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It is fighting with Canada about softwood lumber, aerospace and paper.
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We have a huge tariff on softwood lumber coming from Canada.
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At the end of the day you need our softwood lumber.
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Yet, U.S. timber producers are hardly angels in the softwood fight.
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Trump to impose tariffs on Canadian softwood lumber: The Trump administration will slap new tariffs on softwood lumber entering the U.S. from Canada, a move sure to inflame a long-running trade dispute between the two countries.
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America levied duties averaging 20% on imports of softwood lumber from Canada.
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Officials have skirmished over foreign washing machines and Canadian softwood lumber imports.
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There is no better opportunity than the softwood lumber dispute with Canada.
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Also, expect to hear a lot about softwood lumber, whatever that is.
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Eighty years ago, the cross-border irritant wasn't Nafta or softwood lumber.
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The most vexing challenge outstanding is the U.S.-Canada softwood lumber dispute.
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Canadian sources familiar with the softwood lumber talks said it was impossible to predict when there would be a lumber deal and that there were no plans for any softwood discussions on the sidelines of the NAFTA negotiations.
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Yet, after the latest Softwood Lumber Agreement between the U.S. and Canada effectively expired last October, the U.S. Lumber Coalition, an alliance of domestic softwood lumber producers, urged the Commerce Department to move forward with this new border tax.
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At the heart of the dispute is the fact that most Canadian softwood lumber is manufactured from trees grown on government-owned land, whereas the majority of U.S. softwood lumber is manufactured from trees grown on privately owned land.
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The 85033 agreement between the U.S. and Canada on softwood lumber expired Oct.
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Last month, Canada responded to softwood lumber duties with restrictions on U.S. dairy.
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Commerce's latest antidumping and countervailing duties will not become permanent until and unless the U.S. International Trade Commission (ITC) finds that imports of Canadian softwood lumber are materially injuring, or threaten to materially injure, the U.S. domestic softwood lumber industry.
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In June 2017, Ottawa announced an C$867 million package for softwood lumber producers.
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The Liberals have threatened a levy, in retaliation for U.S. duties on softwood lumber.
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It's not softwood lumber or Alberta crude oil that's dividing the two stalwart partners.
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Canada has used it to fight off tariffs on its softwood and paper products.
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Earlier this week, the administration picked a fight with Canada over softwood lumber imports.
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In 20023, Canada's softwood lumber exports to the United States were worth $22002 billion.
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Such species store significantly more carbon than the equivalent volume of smaller softwood trees.
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Such species store significantly more carbon than the equivalent volume of smaller softwood trees.
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Earlier this year, the United States imposed preliminary anti-subsidy duties on Canadian softwood lumber.
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So, it is more costly to produce softwood in the United States than in Canada.
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The United States has been in a trade spat with Canada over exports of softwood.
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In 85033, imports of softwood lumber from Canada were valued at an estimated $5.66 billion.
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Retaliation against Trump: Trump's new tariffs on Canadian softwood lumber sparked the response from Clark.
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WORLD TRADE ORGANIZATION RULING LARGELY THROWS OUT CANADIAN CHALLENGE AGAINST U.S. TARIFFS ON SOFTWOOD LUMBER
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They parted with some issues unresolved, most prominently a decades-old dispute over softwood lumber.
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However, softwood lumber looms in almost any trade discussion between the United States and Canada.
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British Columbia once sent nearly all of its softwood lumber exports to the United States.
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The United States imported $5.7 billion in softwood lumber last year, mainly for residential building.
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In 2016, imports of softwood lumber from Canada were valued at an estimated $5.66 billion.
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Canadian Foreign Minister Chrystia Freeland said the two nations have made progress in recent days on the softwood lumber dispute, "but we are not there yet," adding that the United States should treat Canada with respect, given that Canada is a major supplier of softwood.
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The panel has ruled, for example, that American duties on softwood lumber from Canada are illegal.
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The rights and wrongs of the softwood-lumber dispute, which dates back to 1982, are murkier.
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S. battle over softwood lumber seems more likely than not to resume as early as October.
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The Trump administration in April 20073 imposed anti-subsidy duties on imports of Canadian softwood lumber.
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A row over Canadian softwood lumber, which the United States says is subsidised, could get worse.
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His most recent salvo was a new tariff, announced on Tuesday, on Canadian softwood lumber imports.
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Meanwhile, the largest world economy has imposed tariffs of about 20 percent on Canadian softwood lumber.
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Commerce Secretary Wilbur Ross said the duties would amount to about $1 billion on softwood lumber.
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He was the lead Department of Commerce negotiator for the last U.S.-Canada softwood lumber agreement.
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The American lumber industry periodically gets upset that it can't compete with cheap Canadian softwood imports.
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About a third of the softwood timber available in the United States comes from Canadian forests.
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CLT was first developed in the early 1990s in Austria, where softwood forestry is extremely common.
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Washington in April imposed preliminary anti-subsidy duties averaging 20 percent on imports of Canadian softwood lumber.
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"The softwood lumber industry is a vital sector for both the United States and Canada," they added.
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"We will vigorously defend Canada's softwood lumber industry, including through litigation," the government said in a statement.
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According to the Commerce Department, the United States imports about $85033 billion worth of Canadian softwood annually.
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New softwood lumber investments are planned in Oregon, Georgia, Louisiana and many other communities across the country.
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Once you have the Vaulting Pole recipe, you'll need to find five softwood pieces to build it.
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There are also three different types of wood, which will drop (mostly) randomly: wood, hardwood, and softwood.
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Once you have your five softwood, head back to the crafting bench and build your Vaulting Pole!
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The United States imported $5.7 billion in softwood lumber last year alone, mainly for residential home building.
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He told the House of Commons that "we will continue to fiercely defend our softwood lumber industry".
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In response, British Columbia lumber producers expressed their desire to reach a new agreement on softwood lumber.
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America slapped a second round of tariffs on softwood from Canada, escalating their trade dispute over the product.
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The best, softest toilet paper comes from softwood trees like pine and spruce, which Canada has plenty of.
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Softwood lumber is one of its biggest exports, and the U.S. takes in about 80% of its supply.
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For example, Canada's longstanding desire to change the softwood lumber rules to allow subsidies will not be solved.
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It has ruled, for example, that duties on softwood lumber from Canada are a violation of American law.
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U.S.-Canadian trade relations have also chilled over disputes about Canadian softwood lumber and U.S. milk protein products.
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Not long ago, the U.S. imposed an anti-subsidy tariff of 20% over imports of Canada's softwood lumber.
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Trump on Monday announced his administration will slap new tariffs on softwood lumber entering the U.S. from Canada.
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The best known cases, and all of the currently active cases that involve Canada, are about softwood lumber.
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The price of softwood pulp, used in diapers and sanitary pads, jumped by 21 percent during that period.
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On Monday, Commerce Secretary Wilbur Ross said the duties would amount to about $1 billion on softwood lumber.
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Lumber prices shot up after the Trump administration slapped anti-subsidy duties on imports of Canadian softwood lumber.
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Prices for softwood lumber, iron and steel mill products as well as nonferrous metal products increased in June.
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Earlier this week, the Trump administration imposed a 20% tariff on softwood lumber imports from Canada, a NAFTA partner.
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Both trade issues grabbed headlines after Trump announced a 28500 percent tariff on Canada's softwood lumber industry last week.
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Softwood lumber is one of Canada's largest exports, with the U.S. taking in almost 80 percent of the supply.
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Softwood lumber is one of Canada's largest exports and the U.S. takes in almost 80 percent of the supply.
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Lumber prices have surged after the government in April imposed anti-subsidy duties on imports of Canadian softwood lumber.
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Both trade issues grabbed headlines after Trump announced a 2202 percent tariff on Canada's softwood lumber industry last week.
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Equally compelling, tariffs on Canadian softwood lumber will result in the net loss of 28503,22019 U.S. jobs in 2018.
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Softwood lumber is one of Canada's largest exports, and the U.S. takes in almost 85033 percent of the supply.
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In recent years, duties on Canadian softwood lumber have hit 2628 percent, and future tariffs could be 28500 percent.
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Among the issues the two leaders will seek to resolve is a dispute over several decades about softwood lumber.
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There's been a trade spat with the U.S. and Canada over everything from dairy and aerospace to softwood lumber.
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This is the fifth round of U.S. trade cases against Canadian softwood lumber; the first round started in 2628.
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In January, the U.S. trade commission found that the U.S. forestry sector was injured by Canadian softwood lumber imports.
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Top Canadian officials say they are eager to forge a new softwood lumber trade deal with the United States.
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The Canadian softwood lumber industry and Canadian energy companies depend a lot on free trade with the United States.
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TORONTO – The U.S. Department of Commerce has issued its final determination on the softwood lumber duties Canadian producers will pay.
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It traded weaker against the greenback following Tuesday's selloff after the United States imposed duties on Canadian softwood lumber exports.
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The Commerce Department's International Trade Administration will preliminarily determine that Canada provided subsidies to the softwood lumber industry in 2015.
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Statscan said the price of softwood lumber, widely used in home building, had risen by 34.3 percent since June 2017.
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Canadian Prime Minister Justin Trudeau told President Trump on Tuesday that he would defend his nation's interests in softwood lumber.
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One of the world's longest-running trade disputes is the disagreement between the United States and Canada regarding softwood lumber.
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"We firmly believe that the U.S. duties on Canadian softwood lumber are unfair and unwarranted," Freeland said in a statement.
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For example, Canada's domestic policy is to subsidize its lumber producers, thus they produce softwood lumber materials below market prices.
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The two nations are locked in a dispute over Canadian softwood lumber exports, which U.S companies complain are unfairly subsidized.
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In 2016, the United States had a $5 billion trade deficit with Canada on sawmill products, which includes softwood lumber.
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Regarding Canada, he said finding a solution to a long-running trade dispute over softwood lumber would be his top priority.
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Similar data for Canada was not immediately available, but Canadian exports of softwood lumber, for example, are not covered by NAFTA.
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The Commerce Department accuses Canada of unfairly subsidizing and dumping softwood lumber, which is commonly used in the construction of homes.
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Homebuilder stocks fell on Tuesday on concern new tariffs by the Trump administration on Canadian softwood lumber imports will raise costs.
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The exclusion does not include New Brunswick, an Atlantic province bordering Maine that is also a major producer of softwood lumber.
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Trudeau, who took office in November, will wrestle with President Barack Obama on thorny issues including a disagreement on softwood lumber.
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President Trump on Tuesday downplayed concerns about a trade war with Canada after his administration slapped tariffs on Canadian softwood lumber.
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Trade tensions rose at the end of last month after the U.S. slapped a 20 percent tariff on Canadian softwood lumber.
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Clark requested the ban in reprisal for the U.S. decision on Monday to impose a 20-percent tariff on softwood lumber.
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If Canada and the U.S. managed to solve the never-ending softwood lumber dispute it would be a modern-day miracle.
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Canada softwood lumber exports have emerged as a trade irritant ahead of talks to renegotiate the North American Free Trade Agreement.
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SOFTWOOD LUMBER - Given the strenuous efforts Canada has taken so far to defend the industry, a climb down seems very unlikely.
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It never happened because both countries came to an agreement: Canada would impose a 15 percent tariff on softwood lumber exports.
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Trump on Tuesday downplayed concerns about a trade war with Canada after his administration slapped a tariff on Canadian softwood lumber.
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Also, when the U.S. slapped a 20.8 percent tariff on Canadian lumber producers for softwood lumber imports, NAFTA talks kept going.
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The U.S. president is slapping an average 20 percent duty on Canadian softwood lumber after decades of officials complaining of subsidies.
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Ahead of his 100-day mark, President Donald Trump has managed to start a trade dispute with Canada over softwood lumber.
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The administration placed a 20 percent tariff on Canadian softwood lumber and Trump has recently been critical of the country's dairy industry.
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The lawmakers argue that hundreds of thousands of U.S. jobs and thousands of rural communities depend on fair trade in softwood lumber.
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"We continue to engage our American counterparts to encourage them to come to a durable negotiated agreement on softwood lumber," she added.
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The preliminary determination directs U.S. Customs and Border Protection to require cash deposits on all softwood products imports starting 90 days ago.
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The U.S. Commerce Department accuses Canada of unfairly subsidizing and dumping softwood lumber, which is commonly used in the construction of homes.
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"We continue to engage our American counterparts to encourage them to come to a durable negotiated agreement on softwood lumber," Freeland said.
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The Aroostook War, which ended in 22019 and established the border between Maine and New Brunswick, turned on access to softwood lumber.
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Home builders are desperate for the president to cut a deal with Canada to end a dispute over its softwood lumber exports.
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In April, the Trump administration announced that it would impose new tariffs on Canadian softwood lumber, saying the exports are unfairly subsidized.
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Foreign Minister Chrystia Freeland had already announced that Ottawa would appeal, saying U.S. duties on Canadian softwood lumber are "unfair and unwarranted".
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While CUFTA, and later NAFTA and the World Trade Organization (WTO) provided dispute settlement mechanisms to handle future trade disputes over softwood, ultimately Ottawa and Washington negotiated political settlements directly that provided greater market stability and an end to trade disputes more effectively than these mechanisms, including a memorandum of understanding which governed softwood trade from 21625 to 2900, a 220006 Softwood Lumber Agreement negotiated by the Bill ClintonWilliam (Bill) Jefferson Clinton2202 real problems Republicans need to address to win in 2628 Buckingham Palace: Any suggestion Prince Andrew was involved in Epstein scandal 'abhorrent' The magic of majority rule in elections MORE administration that lasted until 28500, and a 6900 Softwood Lumber Agreement negotiated by the George W. Bush administration that was set to expire in 2628 but was extended to Oct.
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The "pleasant" calls may also reduce tensions between the neighbors after Trump and Trudeau went back and forth over dairy and softwood lumber.
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On April 24th the United States' Commerce Department imposed preliminary duties averaging 20% on imports of Canadian softwood lumber, used to build houses.
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Apart from threatening NAFTA, the Trump administration has slapped tariffs on Canadian softwood and newsprint, and may impose them on steel and aluminium.
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Prices for building materials were increasing even before the U.S. government slapped anti-subsidy duties on imports of Canadian softwood lumber in April.
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The Trump administration said it will impose a tariff averaging 20 percent on Canadian softwood lumber imports in retaliation for alleged improper subsidies.
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"Imports of underpriced, subsidized Canadian softwood lumber have hurt American mills, millworkers and rural communities in Oregon and across the country," Wyden said.
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The Trudeau government has had to withstand repeated public berating from a populist American president on issues such as softwood lumber and dairy.
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British Columbia is Canada's largest provincial producer and exporter of softwood lumber, accounting for 50 percent of Canada's exports to the United States.
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Trump and Trudeau talked on Tuesday night about the Commerce Department's decision to levy a 20 percent duty on Canada's softwood lumber imports.
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The two nations are embroiled in a long-standing dispute over exports of Canadian softwood lumber, which U.S. producers complain are unfairly subsidized.
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With the latest softwood lumber cases now likely going to a Chapter 19 binational panel, Canada will resist ending Chapter 19 even more.
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The Trump administration imposed a 20 percent tariff on Canadian softwood lumber late last year, and supply shortages have also driven up prices.
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Since U.S. President Donald Trump took office last year, Washington has acted against Canadian exports of newsprint, softwood lumber and steel and aluminum.
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President Trump wants to eliminate a process that Canada has used in the past to deal with a perpetual dispute over softwood lumber.
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In Quebec, another lumber province, softwood negotiator Raymond Chretien said the two sides should try to settle the dispute ahead of the NAFTA talks.
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The reality remains that Trump wants to rewrite the North American Free Trade Agreement and could impose a hefty tax on Canada's softwood lumber.
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The Canadian dollar — or "loonie", in the trader jargon — skidded to four-month lows after the United States slapped duties on Canadian softwood lumber.
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Next year a certain Swedish purveyor of mainly softwood and laminate furniture, IKEA, will open the first of 25 stores it plans for India.
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That changed in late April when the Trump administration attacked Ottawa over support for dairy farmers and slapped preliminary duties on softwood lumber imports.
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Exports of softwood lumber totaled C$5.9 billion ($4.6 billion) in 2015, up from C$5.5 billion in 2014, according to Statistics Canada data.
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A bipartisan group of senators is urging President Obama to encourage Canada to forge an agreement on a new softwood lumber trade deal. Sens.
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The plant is set to make Metsa the world's largest seller of softwood pulp ahead of Sweden's Sodra, Canada's Canfor Corp and Mercer International.
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This result seems independent of the tree characteristics, as shown in areas A and B, where trees are respectively pines (softwood) and oaks (hardwood).
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Chapter 19 allows for an independent panel to review and settle these trade disputes — softwood lumber is a big one — instead of domestic courts.
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These restrictions could also be linked to the market price for softwood lumber, becoming less strict as prices increase and stricter if prices fall.
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He knows that failure to resolve softwood risks complicating the NAFTA negotiations and turning it into the Keystone XL of the Trump-Trudeau era.
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While there is some speculation that the softwood lumber issue could be folded into Trump's NAFTA negotiations, lumber interests are opposed to that idea.
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President Trump's decision to slap a 20 percent tariff on Canadian softwood lumber is igniting a dispute between logging interests and the nation's homebuilders.
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In May, the former commander in chief wrote an op-ed praising President Trump's decision to slap tariffs on softwood lumber imports from Canada.
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The two neighbors are also sparring in the trade realm over dairy policy and the latest iteration of a decadeslong dispute involving softwood lumber.
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WASHINGTON (Reuters) - The U.S. International Trade Commission said on Friday it had made a preliminary finding of injury from certain softwood lumber products from Canada.
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Resolutions for historically difficult disputes, such as between America and Mexico on sugar, or between America and Canada on softwood lumber, may have to wait.
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U.S. Commerce Secretary Wilbur Ross said Monday the United States will impose preliminary anti-subsidy duties averaging 20 percent on imports of the softwood lumber.
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During the period under review, the United States introduced new restrictions including a provisional duty on Canadian softwood lumber, suspecting it of being unfairly priced.
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Anglade said the impact of the tariffs on metals had been felt quicker than when the United States announced tariffs on softwood lumber in 2017.
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The 20 percent tariff will raise $85033 billion a year on the approximately $5 billion worth of Canadian softwood lumber used in American home construction.
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The Canadian government on Wednesday said it has launched a legal challenge to hefty duties imposed by the United States on its softwood lumber industry.
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Trudeau officials deny Trump is targeting Canada as part of the NAFTA talks, saying the airliner and softwood disputes have been rumbling on for years.
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Trump and Canadian Prime Minister Justin Trudeau discuss bilateral trade in their second conversation in as many days amid strains over softwood lumber and dairy.
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Canadian softwood lumber mills rely heavily on exports to the United States, where real estate developers in turn rely on Canadian lumber to build homes.
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"Our paper is made with recycled, unbleached, uncoated softwood pulp using a machine-finished, sustainable manufacturing process," said Tracy Rosensteel, the founder of Pooch Paper.
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Trump and Canadian Prime Minister Justin Trudeau discuss bilateral trade in their second conversation in as many days amid strains over softwood lumber and dairy.
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The long-running dispute intensified when the United States imposed anti-dumping and anti-subsidy duties averaging 20 percent on Canadian softwood lumber exports in June.
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"We continue to engage our American counterparts to encourage them to come to a durable negotiated agreement on softwood lumber," Freeland said in an emailed statement.
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This is where population size matters: Canada can produce more softwood lumber than it could possibly use, and so its forestry sector is geared for export.
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Trump fired the opening shots of a potential trade war this week by slapping a tariff of up to 24 percent on Canadian softwood lumber imports.
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Mr Trudeau would be delighted if Mr Obama reciprocated by pushing American lumber producers, who complain that Canada subsidises exports of softwood, to settle their dispute.
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A lobbing group for homebuilders on Tuesday denounced the Trump administration's move to slap tariffs on Canada's softwood lumber industry in the long-running trade dispute.
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The obsessively detailed scenes are usually made of cardboard and medium density fiberboard—a product made by breaking down hard or softwood residuals into wood fibers.
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The U.S. Lumber Coalition, which filed a petition last year with the Commerce Department to open a case against Canada's softwood lumber industry, praised the decision.
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In the case of softwood lumber, Canadian federal and provincial governments subsidize their lumber operations, sheltering producers from market lows and giving advantages during market highs.
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Trump's decision to impose a tariff on as much as 24 percent on Canadian softwood imports ignited a long-simmering dispute between the two trading partners.
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The case came mostly in response to steep tariffs the Trump administration has levied on Canada's softwood lumber industry, which is vital to U.S. home building.
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The National Association of Home Builders has said that Trump's tariffs on softwood lumber from Canada have increased the cost of building a home by $7,000.
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The Canadian dollar fell 0.5 percent to C$51.653 per U.S. dollar after the United States announced new duties averaging 20 percent on Canadian softwood lumber imports.
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When Canada was recently found guilty of illegally dumping softwood timber into the U.S., the Department of Commerce increased tariffs against Canadian timber to punish the offenders.
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And Trump has slapped a hefty tariff on softwood lumber coming in from Canada, essentially starting a trade war in an effort to boost domestic timber production.
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"Once Commerce announces a final determination on countervailing and/or anti-dumping duties, a softwood lumber agreement would have to be negotiated under other authorities," he said.
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Through all the noise, it should be clear this softwood lumber dispute is about enforcing rules-based trade so U.S. industries don't get cheated by other countries.
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A U.S. trade panel on Thursday unanimously ruled to uphold hefty duties on Canada's softwood lumber industry saying the U.S. industry has been harmed by unfair practices.
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The Times noted that the Trump administration slapped a 85033 percent tariff on softwood lumber from Canada last year, and that prices have risen over supply issues.
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Softwood makes for stronger toilet paper, but this advantage comes with a bigger environmental price tag compared with recycled paper, or pulp from wheat straw or bamboo.
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Earlier on Monday, Commerce said that softwood lumber products produced in Newfoundland and Labrador, Nova Scotia and Prince Edward Island should be excluded from the ongoing investigation.
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"For years, Canada has unfairly distorted the softwood lumber market with billions of dollars in support of their producers," said U.S. Lumber Coalition spokesman Zoltan van Heyningen.
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Other factors adding pressure included U.S. duties on Canadian softwood lumber and a more uncertain outlook for the North American Free Trade Agreement under the Trump administration.
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The Canadian dollar CAD= fell 0.6 percent to C$1.3583 per U.S. dollar after the United States announced duties averaging 20 percent on Canadian softwood lumber imports.
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Commerce Secretary Wilbur Ross will levy a tax on Canadian softwood lumber imports that averages out to about 20%, but could be as high as 24%, per Reuters.
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Exports of softwood lumber to the United States totaled C$5.9 billion ($4.4 billion) in 2015, up from C$5.5 billion in 2014, according to Statistics Canada data.
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The Canadian prime minister said they "talked about a broad range of issues," going on to list softwood lumber, aerospace and steel but he never mentioned dairy trade.
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Speaking to Reuters by phone a day ahead of the expected announcement, Ross said that the duties would affect $5 billion worth of softwood lumber imports from Canada.
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Canada's dollar, known as the loonie, dropped to its lowest since December after the U.S. announced plans to impose tariffs on its Northern neighbors' exports of softwood lumber.
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The Canadian dollar CAD= fell 0.8 percent to C$1.3611 per U.S. dollar after the United States announced new duties averaging 20 percent on Canadian softwood lumber imports.
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U.S. Commerce Secretary Wilbur Ross said on Monday that anti-subsidy tariffs averaging around 20 percent would be imposed on imports of softwood lumber from Canada, Reuters reported.
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Dozens of House Democratic and Republican lawmakers are urging the Trump administration to go back to the negotiating table and strike a deal with Canada on softwood lumber.
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Mr. Trump's softwood and paper tariffs are hurting Canadian industry, but also are raising lumber prices in the United States so much that the housing market has slowed.
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WASHINGTON — The Trump administration announced on Monday that it would impose new tariffs on Canadian softwood lumber imports, escalating a longstanding conflict with America's second-largest trading partner.
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Canadian Prime Minister Justin Trudeau told Canadian media that he didn't expect the softwood lumber decision to affect the ongoing NAFTA negotiations, which have been rocky at best.
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Had the ITC ruled in Boeing's favor, Canada could have challenged the duties under NAFTA's dispute settlement system, as it is currently doing in the softwood lumber case.
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Washington said Monday it will impose preliminary anti-subsidy duties averaging 20 percent on imports of Canadian softwood lumber, a move that affects some $5.66 billion worth of imports.
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Canada is retaliating against the US' tariff on their softwood lumber by threatening to ban imports of US coal, and Commerce Secretary Wilbur Ross is having none of it.
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WTO RULING OVERTURNS LONG-HELD LEGAL POSITION THAT U.S. "ZEROING" OF ANTI-DUMPING TARIFFS IS AGAINST WTO RULES, SAYS U.S. CALCULATION METHODOLOGY WAS PERMISSIBLE IN CANADA SOFTWOOD LUMBER CASE
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Speaking to reporters at the White House, Ross said he does not expect costs to go up "anything like the 20 percent" average tariffs on the softwood lumber imports.
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The interview follows a decision to impose tariffs on farm products from Canada on softwood lumber and President Donald Trump issuing a tweet suggesting dairy products may be next.
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Freeland also stressed to Ross the importance of trying to settle a long-running dispute over Canadian exports of softwood lumber, and the benefits of the integrated Canada-U.
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Shortly afterwards, the U.S. administration slapped tariffs on Canadian exports of softwood lumber and complained about Canada's dairy sector, helping to sink the Canadian dollar to 14-month lows.
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The threat came 28500 days after the Trump administration moved to slap tariffs of up to 6900 percent on Canadian softwood lumber exports to the U.S.: http://bit.ly/2628q28503lxL.
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U.S. producers complain that Canadian softwood lumber is subsidized, and have in the past launched trade challenges that resulted in the United States imposing billion of dollars in tariffs.
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One year ago, after a thorough investigation, the U.S. Department of Commerce determined that Canada once again wasn't playing by the rules and levied duties against Canadian softwood lumber.
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The disagreement between the two planemakers also adds frost to an increasingly chilly U.S.-Canadian trade relationship, along with disputes over Canadian softwood lumber and U.S. milk protein products.
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Canadian producers and exporters of softwood lumber are sure to assert that commerce's antidumping and countervailing duty determinations, as well as probably the ITC's injury determination, violated U.S. law.
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Like the last agreement, a new settlement would likely restrict the volume of Canadian softwood lumber imports, either through quotas or export charges or a combination of the two.
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The Trump administration - which Freeland generally describes as the most protectionist since the 1930s - has sought to impose tariffs on Canadian softwood lumber and aircraft over the last year.
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The United States and Canada have been at odds over softwood lumber in one form or another since the 19th century, with the current dispute tracing back to 1982.
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The United States and Canada have been working on a long-term deal to manage the softwood lumber trade, a prolonged prickly trade issue between the two economic partners.
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The Commerce Department last fall slapped new tariffs on Canada's softwood lumber imports into the United States, saying those companies flooded the American market with artificially low-priced products.
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On Tuesday, the Trump administration announced that it would impose a tariff on Canadian softwood lumber, in retaliation for what it said was unfair treatment of American dairy farmers.
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The prime example is the imposition of tariffs on Canadian softwood lumber, announced in late April with great fanfare, including a White House briefing with Commerce Secretary Wilbur Ross.
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Mr. Ross said he hoped that issues surrounding subsidies for Mexican sugar and for Canadian dairy products and softwood lumber could be addressed before the talks begin in earnest.
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Commerce department on lumber - statement from Trudeau's office * Canadian PM tells Trump that Canada will vigorously defend interests of softwood lumber industry - statement from Trudeau's office * Canadian PM, Trump agree on the importance of reaching a negotiated agreement on softwood lumber - statement from Trudeau's office * Canadian PM tells Trump Canada will stick to NAFTA rules giving U.S. access to duty-free and quota-free access for milk protein substances - statement (Reporting by David Ljunggren)
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Trump has long said Mexico is "killing" the U.S. on trade, and his administration has been going head-to-head with Canada on their dairy and softwood lumber trade policies.
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Other takeaways: Spicer's guest du jour: Commerce secretary Wilbur Ross said that despite the new taxes on Canadian softwood lumber, the administration doesn't think there will be a trade war.
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Sargent, speaking to an Ottawa conference organized by the Canadian Global Affairs Institute, noted recent U.S. moves to impose duties on Canadian softwood lumber, commercial airliners and some paper products.
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Canada has in the past won softwood challenges against the United States at the World Trade Organisation and under NAFTA, only for Washington to launch new legal challenges each time.
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The United States said it will impose preliminary anti-subsidy duties averaging 2745.19 percent on imports of Canadian softwood lumber, escalating a long-running trade dispute between the two neighbors.
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Wilbur Ross The Trump administration's new duties on Canadian softwood lumber will lead to a "small increase" in lumber prices in the United States, Commerce Secretary Wilbur Ross said Tuesday.
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The new U.S. tariffs on Canadian softwood lumber will also mean that fewer American families will be able to afford buying a home, Canada's foreign minister told CNBC on Tuesday.
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New tariffs on Canadian softwood lumber announced by the Trump Administration on Monday are nothing more than "a papercut," said RBC Capital Markets homebuilding and building products analyst Bob Wetenhall.
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Since his inauguration, the President has withdrawn from the Trans-Pacific Partnership, imposed 24 percent tariffs on Canadian softwood lumber and ordered the review of all major U.S. trade relationships.
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A pick-up in economic momentum in 2017 spurred higher demand for hard and softwood pulp, which the market could not meet due to a few large mills closing unexpectedly.
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A one-size-fits-all import restriction also is not likely to be negotiated, because the economics of the Canadian softwood lumber industry vary between the eastern and western provinces.
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The softwood lumber dispute between the United States and Canada is significant in terms of the billions of dollars in trade at stake, as well as both countries' domestic politics.
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"With today's action by the Commerce Department, American lumber mills and millworkers are one step closer to getting hard-won relief against subsidized and dumped Canadian softwood lumber," Wyden said.
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The Commerce Department last month began collecting duties averaging 271.8 percent on imports of Canadian softwood lumber, saying that the product's origin from public land amounted to an unfair government subsidy.
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A softwood window frame provides nearly 400 times as much insulation as a plain steel one of the same thickness and over a thousand times as much as an aluminium equivalent.
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WINNIPEG, Manitoba (Reuters) - The Canadian government on Wednesday criticized the United States for a decision to impose duties on certain softwood lumber exports and underlined its determination to fight the move.
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Top officials, noting that international trade authorities have always ruled in Canada's favor in the long dispute over softwood lumber, say Ottawa will fight back against the tariffs and win again.
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The Commerce Department last month began collecting duties averaging 20 percent on imports of Canadian softwood lumber, saying that the product's origin from public land amounted to an unfair government subsidy.
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The preliminary determination directs U.S. Customs and Border Protection to require cash deposits for the duties on all new imports as well as softwood products imported over the past 90 days.
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However, the enthusiasm for his proposal is somewhat blunted by Trump's earlier announcement of a tax hike on American consumers in the form of a big tariff on Canadian softwood lumber.
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In the spring, the Trump administration imposed tariffs costing potentially hundreds of millions of dollars on Canadian softwood-lumber imports, escalating a decades-long dispute between American and Canadian lumber companies.
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Many also remember that in the time-limited 2006 Softwood Lumber Agreement, U.S. Lumber Coalition members received a $85033 million payout — a spectacular return on investment relative to legal fees paid.
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Negotiators on either side of the border also want to finalize a deal to make cross-border travel easier for residents of both countries and a trade deal for softwood lumber.
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The dispute which has festered for decades was ratcheted up when the United States imposed anti-dumping and anti-subsidy duties averaging 20 percent on Canadian softwood lumber exports in June.
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The U.S. is slapping more tariffs on the Canadian softwood lumber industry less than two months ahead of the start of talks on an updated North American Free Trade Agreement (NAFTA).
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Seven members of the Senate Finance Committee on Tuesday called the Trump administration to set quotas on Canadian softwood lumber and closely consult with Congress during negotiations of a final agreement.
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The softwood lumber dispute "really provided an opportunity for the premier to stay on her message of jobs for the resource sector," said Gerald Baier, University of British Columbia political science professor.
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However, ahead of the talk, the US will impose preliminary anti-subsidy duties averaging 20 percent on imports of Canadian softwood lumber, escalating a long-running trade dispute between the two neighbors.
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The U.S. has been battling with Canada over softwood lumber since the 2628s, and disputes over dairy protections have been a persistent irritant in the otherwise congenial relationship between the two countries.
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U.S. Commerce Secretary Wilbur Ross said on Saturday that threats of retaliatory trade actions from Canadian officials "are inappropriate" and will not influence final U.S. import duty determinations on Canadian softwood lumber.
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Then, after repeated campaign promises to "get tough on trade," President Donald Trump earlier this week moved to slap a roughly 20 percent tariff on softwood lumber entering the U.S. from Canada.
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WASHINGTON (Reuters) - The United States and Canada on Thursday agreed to aggressively probe how to settle a protracted dispute over Canadian exports of softwood lumber, the two sides said in a statement.
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The U.S. has been battling with Canada over softwood lumber since the 220006s, and disputes over dairy protections have been a persistent irritant in the otherwise congenial relationship between the two countries.
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The United States has an agreement not to charge the tariffs on Canada's softwood lumber industry that it says it can, something very important to Canada, but the agreement will expire soon.
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According to the Bureau of Labor Statistics, in 2016, housing and related industries that used softwood lumber employed nearly 4.5 million American workers and outnumbered U.S. lumber-producing workers 31 to 85033.
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Last Thursday marked another chapter in this saga, when the U.S. Department of Commerce announced its final determinations in the antidumping and countervailing duty investigations of imports of softwood lumber from Canada.
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On Tuesday, Commerce Secretary Wilbur Ross announced that the United States will slap a 214.7 percent tariff on most Canadian softwood lumber imports, the kind of wood commonly used to build homes.
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New demand for softwood could help reopen some of the closed mills and revive some of those communities, aligning their interests with a Green New Deal-style program of national revitalization. 8.
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The core trade off would be Canadian policy reforms and a permanent quota into the U.S. market in exchange for a permanent exemption of Canadian softwood lumber from U.S. trade remedy actions.
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Inside, you enter a maze—no shortcuts allowed—where every twist reveals new furniture, in pale softwood or white chipboard, artfully arranged with cheerfully coloured accessories to exude a chic, relaxed Scandinavian lifestyle.
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U.S. President Donald Trump's administration has suddenly ramped up its attacks on Canada, imposing tariffs on softwood lumber and vowing to take action against what it calls unfair practices by Canadian dairy farmers.
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This week, Trump made the surprise announcement that he'd slap a hefty tariff on softwood lumber coming in from Canada, essentially starting a trade war in an effort to boost domestic timber production.
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U.S. Commerce Secretary Wilbur Ross said on Monday that anti-subsidy tariffs averaging around 18.483 percent would be imposed, affecting $5 billion worth of imports of softwood lumber imports from Canada, Reuters reported.
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The Canadian perspective: One White House goal is "scrapping NAFTA's dispute-resolution panels, which have sometimes ruled in Canada's favor on softwood lumber and other trade issues," according to Canada's Globe and Mail.
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On tap tomorrow: Trump says he doesn't fear trade war with Canada: President Trump on Tuesday downplayed concerns about a trade war with Canada after his administration slapped tariffs on Canadian softwood lumber.
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In Quebec, another big lumber-producing province, softwood negotiator Raymond Chretien said the sides should try to settle the dispute ahead of efforts to renegotiate terms of the North American Free Trade Agreement.
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It wasn't Trump's first move to retaliate against a country's perceived unfair trade practices: The U.S. has moved forward with tariffs against Canadian softwood lumber exports, initially proposed in April 2017, for instance.
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U.S. opposition to NAFTA's dispute resolution mechanisms, plans to restrict outside access to government contracts and attacks on Canadian dairy and softwood lumber producers have further stoked the grim mood among trade officials.
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The Canadian statement Wednesday was vaguer than the one released after Tuesday night's call about the Trump administration's tariffs on softwood lumber and dairy as tensions over trade grow between the two partners.
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The United States on Thursday announced plans to slap hefty tariffs on softwood lumber imports from Canada, further raising tensions among the two nations amid contentious North American Free Trade Agreement (NAFTA) talks.
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In fact, Canada has used this Chapter 19 avenue in the past to form independent dispute settlement panels to resolve trade issues against the U.S. involving duties on imports of Canadian softwood lumber.
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U.S. opposition to NAFTA's dispute resolution mechanisms, plans to restrict outside access to government contracts and attacks on Canadian dairy and softwood lumber producers are all causing friction behind the scenes, officials say.
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The system seems especially important today in light of big cases where the US is trying to unilaterally impose tariffs on Canadian softwood lumber and Canadian aircraft for allegedly violating rules governing fair trade.
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This weekend, Foreign Minister Chrystia Freeland said Ottawa was mulling an aid package which could be similar to the support for softwood lumber producers that Ottawa unveiled in June 2017 after Washington imposed tariffs.
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"The Prime Minister stressed the government of Canada will vigorously defend the interests of the Canadian softwood lumber industry," said the statement, which nevertheless added both men agreed that a negotiated settlement was important.
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Canadian Foreign Minister Chrystia Freeland said the legal action was in response to the "unfair and unwarranted" U.S. duties against Canada's softwood lumber producers and part of a "broader litigation" to defend forestry jobs.
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But if NAFTA is reopened, Canada will insist that any renegotiation bring an end to a decades-old dispute over Canadian exports of softwood lumber, said David MacNaughton, Canada's ambassador to the United States.
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OTTAWA, June 17 (Reuters) - The United States and Canada on Friday reported "significant differences" in talks aimed at solving a dispute over Canadian softwood lumber exports but said the two sides would keep talking.
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In total, Canada exported around C$8.6 billion (around $6.37 billion) worth of softwood lumber in 2015, according to Canadian government data, which indicated the country was the world's fourth-largest forest product exporter.
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Trade relations between the United States and second-largest trading partner Canada have soured since the Commerce Department in late April imposed preliminary anti-subsidy duties averaging 20 percent on Canadian softwood lumber imports.
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"The Prime Minister and Premiers agreed to continue to vigorously defend the interests of the Canadian softwood lumber industry across the country, including through litigation," it said in a statement, according to CBC News.
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WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Saturday that threats of retaliatory trade actions from Canadian officials "are inappropriate" and will not influence final U.S. import duty determinations on Canadian softwood lumber.
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The source said the assistance - to be spread over several years - would be similar to an C$867 million five-year package offered to Canadian softwood lumber producers in 2017 after Washington imposed tariffs.
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The U.S. Commerce Department on Monday announced 20 percent anti-subsidy duties on Canadian softwood lumber imports amid a long-running unresolved trade dispute between the United States and its second-largest trade partner.
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For the U.S. forestry industry, the full and effective enforcement of the U.S. trade laws by the Trump administration means that more softwood lumber will be produced in the United States by U.S. workers.
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After aerospace-related trade flare-ups, fights over softwood lumber and President Donald Trump's continuous verbal jabs at the country, the last thing Canada needs now is to get into another cross-border brawl.
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The Trump White House kicked off the week by turning the latest iterations in long-running US-Canadian trade disputes over softwood lumber imports and dairy exports into a major, headline-dominating news story.
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"I'm confident that we are on a track towards resolving this irritant in the coming weeks and month," Trudeau said of the trade dispute, which stems from an expired 2006 softwood lumber export agreement.
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Obama added: "This issue of softwood lumber will get resolved in some fashion ... It's been a longstanding, bipartisan irritant," although neither side is likely to get everything they are seeking in the final deal.
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He has also upset Canada by demanding major changes to the North American Free Trade Agreement, and by slapping punitive tariffs on Canadian softwood lumber exports, leading to a challenge at the WTO and NAFTA.
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As president, he immediately scuttled a trans-Pacific deal, but so far, there's been no clear move on NAFTA other than lobbing threats at Mexico and, this week, initiating new tariffs on Canadian softwood imports.
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A settlement of the last round of U.S. trade cases against Canadian softwood lumber was reached in 2006, four years after antidumping and countervailing duties were first imposed and litigation on those determinations had begun.
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Speaking to a reception for conservative media in D.C., the president repeated his oft-used criticisms of NAFTA, and said that the new tax would apply to softwood lumber coming in from his northern neighbour.
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WASHINGTON (Reuters) - The ongoing U.S.-Canadian trade "irritant" over softwood lumber is expected to be resolved soon, both countries leaders said on Thursday regarding the years-long fight over pine and other such soft wood.
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A deal governing Canadian softwood lumber exports expired last year, and the two nations are talking about a new arrangement, said Mark Feierstein, the White House National Security Council's senior director for the Western hemisphere.
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Regional trade tensions ratcheted up a notch this week when the Trump administration on Monday announced a 20 percent duty on Canadian softwood lumber in retaliation for what it sees as unfair restrictions on dairy exports.
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Earlier on Monday, the Commerce Department said it made a preliminary decision to exclude Newfoundland and Labrador, Nova Scotia and Prince Edward Island from its investigation into whether Canada is dumping or unfairly subsidizing softwood lumber.
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Reporters rushed to retrieve their phones from outside the room to be the first to break the news over Twitter that Trump would institute new tariffs on softwood lumber entering the U.S. from Canada, sources said.
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WASHINGTON (Reuters) - The United States and Canada have made important progress in negotiations over softwood lumber exports but significant differences remain in the long-running dispute, according to a joint U.S.-Canadian statement issued on Wednesday.
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The annals of U.S. trade relations with Canada, our largest trading partner, include a recurring dispute over softwood lumber: the kind of pine boards used mainly in construction and home improvement, as well as for paper.
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WASHINGTON (Reuters) - The U.S. Commerce Department has made a preliminary finding that Canadian softwood lumber imports are being dumped in the U.S. market and will impose anti-dumping duties, Commerce Secretary Wilbur Ross said on Monday.
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"Since the early 1980s, numerous disputes have disrupted trade patterns, leading to unnecessary cost increases for industries that rely on softwood lumber, and straining the relationship with one of our most important allies," the lawmakers wrote.
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In the mid-2000s, in the midst of the last round of softwood lumber disputes, Chapter 19 panels repeatedly ruled against the United States, before the Canadian government cut a deal that temporarily ended the dispute.
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They also told officials to look for solutions to a lengthy dispute over exports of Canadian softwood lumber, as well as promising to make it easier for goods and people to cross the long shared border.
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U.S. softwood lumber producers assert that the prices charged to their Canadian competitors for trees from government-owned land, known as "stumpage," are too low and do not reflect market forces, so they constitute a subsidy.
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British Columbia's premier, Christy Clark, has an idea for Canada to hit back at President Trump's new softwood lumber tariffs in a way that microtargets his political base — banning thermal coal exports from her province's ports.
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The Commerce Department determined that Canada had been improperly subsidizing the sale of softwood lumber products to the United States, and after failed negotiations, Washington decided to retaliate with tariffs of 43 percent to 24 percent.
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The United States has demanded changes to NAFTA that allow it to more freely pursue anti-dumping and anti-subsidy cases against its northern and southern neighbors, such as those on groundwood paper and softwood lumber.
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"The United States is committed to free and fair trade, as seen today with the preliminary decision to exclude softwood lumber from the Canadian Atlantic Provinces in the ongoing antidumping and countervailing duty cases," Ross said.
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As pointed out in Sohmer's tweet, Canadian Bacon's plot all sounds a lot like our current overly dramatic and confusing battle over softwood, lumber, and Wisconsin dairy, which seemed to blow up overnight thanks to Trump.
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Canada wants to avoid a fresh trade fight over its softwood lumber exports, while the United States will reiterate long-standing concerns about how much information Ottawa shares on terror suspects, say officials involved with the talks.
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OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau and U.S President Donald Trump spoke again about bilateral trade on Wednesday, the second conversation in as many days between the two leaders amid strains over softwood lumber and dairy.
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Canada, for example, has brought challenges to U.S. anti-subsidy duties on softwood lumber before panels set up under the NAFTA, a mechanism that would be continued if the new U.S.-Mexico-Canada Agreement (USMCA) if ratified.
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The U.S. trade action, which follows the imposition of stiff duties against Canadian softwood lumber last year, comes amid tough renegotiations among the United States, Canada and Mexico on the decades-old North American Free Trade Agreement.
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WASHINGTON/OTTAWA (Reuters) - A group representing the U.S. lumber industry and some of its workers on Friday called on authorities to impose duties on Canadian softwood lumber, reigniting a long-standing trade dispute between the two nations.
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U.S. Commerce Secretary Wilbur Ross said on Monday his agency will impose new anti-subsidy tariffs averaging 20 percent on Canadian softwood lumber imports, a move that escalates a long-running trade dispute between the two countries.
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WASHINGTON (Reuters) - Escalating a trade dispute with Canada in the run-up to talks on renegotiating NAFTA, the U.S. Commerce Department on Monday imposed preliminary anti-dumping duties on Canadian softwood lumber of up to 7.72 percent.
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" Bown said that "if it proceeds like earlier episodes, eventually Canada and the U.S. would negotiate a deal where the Canadian government agrees to limit how much softwood lumber gets exported to the United States each year.
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But the complaint, while centered on the forestry and softwood lumber industries, is bigger than that, encompassing the future of North American supply chains and the long-term growth of the integrated economies, a Canadian official said.
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WASHINGTON (Reuters) - The United States will impose preliminary anti-subsidy duties averaging 20 percent on imports of Canadian softwood lumber, Commerce Secretary Wilbur Ross said on Monday, escalating a long-running trade dispute between the two neighbors.
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Forget softwood lumber and dairy-supply management and the attempt to leverage Ivanka for a roundtable on women in the workplace that sounds like a summit they would have held back in the silent era of film.
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WASHINGTON, March 10 (Reuters) - The ongoing U.S.-Canadian trade "irritant" over softwood lumber is expected to be resolved soon, both countries leaders said on Thursday regarding the years-long fight over pine and other such soft wood.
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WASHINGTON (Reuters) - U.S. lumber mill owners said on Thursday they were "in no hurry" to reach a softwood lumber deal with Canada that fails to limit Canadian producers' share of the U.S. market to a strict percentage.
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The Trump Administration will be hoping for a quick Ottawa surrender, having agreed with the Mexicans on steps that could include punitive tariffs on Canadian softwood lumber and a curb on Canada's support for its dairy industry.
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Forestry products are a significant driver of the economy of British Columbia, which bills itself as the world's biggest exporter of softwood lumber, a product targeted by new U.S. tariffs in April as a trade dispute escalated.
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In currency news, the U.S. dollar gained against the loonie, up 215 percent to 1.3558 after U.S. Commerce Secretary Wilbur Ross said his agency will impose new anti-subsidy tariffs averaging 20 percent on Canadian softwood lumber imports.
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Ross Tuesday lamented that Canadian softwood is grown on public land, which puts Canadian loggers at an advantage compared to U.S. loggers, who have to hit the open market to negotiate with landowners to cut down their trees.
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One person with day-to-day knowledge of the U.S.-Canada trade file also predicted strains over Canadian exports of softwood lumber, as well as Canada's system of protection for its dairy industry, which U.S. producers strongly dislike.
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WASHINGTON (Reuters) - U.S. Democratic Senator Ron Wyden on Friday accused Canada of "politicizing" a U.S. government anti-subsidy investigation into Canadian softwood lumber imports by threatening retaliation against wine and other products from his home state of Oregon.
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VANCOUVER (Reuters) - Canadian Prime Minister Justin Trudeau said on Tuesday he was "very hopeful" of getting a deal with the United States on softwood lumber, which has become an escalating trade dispute ahead of NAFTA talks this month.
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Right now, the softwood market, mostly firs and spruce in Maine, he said, "has gone belly up, but I'll still be cross-country skiing on our property on Saturday morning, and we can still make maple syrup there."
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Canada, for example, has brought challenges to U.S. anti-subsidy duties on softwood lumber before panels set up under NAFTA's Chapter 19, a mechanism that would be continued if the new U.S.-Mexico-Canada Agreement (USMCA) if ratified.
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The move, sought by Trump, puts Canada in a difficult position because Prime Minister Justin Trudeau had insisted on maintaining Chapter 19 to fight U.S. duties on softwood lumber, paper and other products that it views as unfair.
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OTTAWA, April 25 (Reuters) - Canadian Natural Resources Minister Jim Carr will hold a news conference at 1 pm eastern (1700 GMT) on Tuesday to react to a U.S. decision to impose duties on softwood lumber exports, the government said.
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OTTAWA (Reuters) - The United States and Canada faced off on Tuesday in a renewed battle over softwood lumber that threatened to spill over into multiple other sectors, though President Donald Trump said he did not fear a trade war.
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Hitting back at U.S. plans to implement duties on Canadian softwood lumber, a key export for British Columbia, Clark said the Liberals would add a carbon levy on thermal coal exports from the province that would make them uneconomic.
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Wilbur Ross, the commerce secretary, has imposed countervailing duties on imports ranging from steel plate from South Korea to tool chests from China, and has angered Canada by placing a levy of up to 24% on its softwood lumber.
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WASHINGTON (Reuters) - The top U.S. and Canadian trade negotiators said on Wednesday they would continue talks toward a new trade agreement on softwood lumber, despite the expiration of a "standstill" period prohibiting legal challenges over the long-standing dispute.
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The department said exporters from Canada have sold softwood lumber in the U.S. market at 3.20 percent to 8.89 percent less than fair value, and that Canada is providing unfair subsidies at rates of 3.34 percent to 18.19 percent.
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Francois and ONF's Wilmsmeier estimate there are 60 to 100 million cubic meters of infected wood currently on the market throughout Europe, mainly in Germany, Switzerland, Austria and the Czech Republic, which are some of Europe's top softwood producers.
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OTTAWA (Reuters) - Talks between Canada and the United States to resolve a dispute over exports of softwood lumber are making little progress and the matter likely will return to the courts, sources familiar with the negotiations said on Friday.
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The right for firms to petition for protection is an important part of U.S. trade policy, but as the softwood lumber disputes with Canada have demonstrated repeatedly, such petitions have broader economic consequences and ultimately require a political resolution.
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WASHINGTON, May 6 (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Saturday that threats of retaliatory trade actions from Canadian officials "are inappropriate" and will not influence the department's final determinations regarding U.S. import duties on Canadian softwood lumber.
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TOKYO, April 25 (Reuters) - The Canadian dollar fell 0.4 percent in early Asian trade on Tuesday after U.S. Commerce Secretary Wilbur Ross said his agency will impose new anti-subsidy duties averaging 20 percent on Canadian softwood lumber imports.
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Secretary of Commerce Wilbur Ross and U.S. Trade Representative Ambassador Robert Lighthizer have embarked on an agenda of sector-specific actions to limit U.S. imports of softwood lumber, sugar, steel, aluminum, civil aircraft and solar panels, among other products.
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"The United States is committed to free and fair trade, as seen today with the preliminary decision to exclude softwood lumber from the Canadian Atlantic Provinces in the ongoing antidumping and countervailing duty cases," Ross said: http://bit.ly/2sjsh21625.
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A vocal critic of NAFTA, Trump has already begun stirring the pot by saying Canada has been treating the US "unfairly," and he plans on taxing Canada up to 20 percent for softwood lumber coming out of the country.
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Bush was embroiled in a years-long dispute with the Canadian government over imports of softwood lumber, and his administration slapped massive tariffs on imported French cheese to retaliate against European objects to exports of American hormone-treated beef.
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Given how quickly the Canadian government filed challenges in a separate trade dispute with the United States over softwood lumber, it would likely take the Bombardier case to the WTO shortly after any adverse ruling by the ITC, said Warner.
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The Canadian dollar fell half a percent to C$1.3570, its lowest since December, against its U.S. counterpart, after U.S. Commerce Secretary Wilbur Ross said his agency will impose new anti-subsidy duties averaging 20 percent on Canadian softwood lumber imports.
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OTTAWA (Reuters) - Talks between the United States and Canada on a long-running dispute over softwood lumber exports have bogged down amid "significant differences," the two nations said on Friday, potentially paving the way for a fresh round of lawsuits.
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OTTAWA (Reuters) - Canada will give C$867 million (US$642.22 million) in aid to the softwood lumber industry after the United States imposed duties on exports and is prepared to offer more help in future, the government said on Thursday.
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ANNOUNCES FOURTH QUARTER 2017 RESULTS AND QUARTERLY DIVIDEND * QTRLY SALES C$322.9 MILLION VERSUS C$284.9 MILLION IN Q3 * GLOBAL SOFTWOOD KRAFT PULP MARKETS ARE PROJECTED TO REMAIN WELL POSITIONED THROUGH Q1 OF 2018 Source text for Eikon: Further company coverage:
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The U.S. dollar surged to its highest level against its in more than a year on Tuesday after the United States imposed duties on Canadian softwood, while the dollar hit a two-week high against the on greater risk appetite.
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In other words, softwood from the Southern U.S. was too high-cost to compete as a fungible commodity in global markets, and needed some processing to claim a higher price in world markets that would allow these firms to recoup costs.
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WASHINGTON (Reuters) - President Barack Obama and new Canadian Prime Minister Justin Trudeau on Thursday ended a frosty period in bilateral ties by agreeing to tackle climate change and strive to settle a long-lasting trade dispute over Canadian softwood lumber exports.
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Last year, the Commerce Department imposed duties averaging more than 20 percent on Canadian softwood lumber shipments into the U.S. Since January of 2017, rising lumber prices have increased the price of an average single-family home by more than $6,21625.
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The administration needs to negotiate a new Softwood Lumber Agreement with Canada and to resolve the trade dispute with China to bring down the artificial increase in building material prices that are putting upward pressure on home prices and rental units.
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During the campaign, in seeking to change the subject back to jobs, Ms. Clark has found a convenient target in Mr. Trump, whose administration last month announced it would impose tariffs on Canadian softwood lumber, a major industry in the province.
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The ambitious two-year goal declared at the grand opening — to convert the mill from hardwood to softwood, and then scale up pulp production from the mill's former yield of 150,000 tons a year to 270,000 — is still far off.
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WASHINGTON (Reuters) - U.S. homebuilders on Tuesday criticized as "short-sighted" a government decision to impose anti-subsidy duties on imports of Canadian softwood lumber, saying it would cost American workers nearly $500 million in lost wages and raise house prices.
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President Barack Obama and Prime Minister Justin Trudeau have become fast friends since the Canadian leader won an election late last year, but the milk spat is one of several commodity-related arguments to flare up, along with wheat and softwood lumber.
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WASHINGTON, April 6003 (Reuters) - U.S. homebuilders on Tuesday criticized as "short-sighted" a government decision to impose anti-subsidy duties on imports of Canadian softwood lumber, saying it would cost American workers nearly $500 million in lost wages and raise house prices.
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Trump has long said Mexico is "killing" the U.S. on trade, and his administration has been confronting Canada in an unusually public way over dairy and softwood lumber, but withdrawing from the 23-year-old trade pact would be a drastic step.
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OTTAWA, June 1 (Reuters) - Canada will give C$867 million (US$642.22 million) in aid to the softwood lumber industry after the United States imposed duties on exports and is prepared to offer more help in future, the government said on Thursday.
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Both softwood lumber and Canada's system of protections for its dairy industry were kept out of the initial North American Free Trade Agreement in 1994, making it easier for the United States to raise them now without having to wait for formal negotiations.
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WASHINGTON, Dec 7 (Reuters) - The U.S. International Trade Commission said on Thursday it made a final finding that exports of softwood lumber from Canada harm U.S. producers, virtually ensuring that hefty duties on the building material will remain in place for five years.
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The move, sought by the United States, puts Canada in a difficult position because Prime Minister Justin Trudeau had insisted on maintaining Chapter 19 as a way to fight U.S. duties on softwood lumber, paper and other products that it views as unfair.
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" And he refused to bite when another reporter attempted to pivot from the lumber dispute to the ongoing saga surrounding former national security adviser Michael Flynn, asking if softwood lumber would be the issue to finally take Flynn off the "front pages.
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GENEVA, April 9 (Reuters) - A World Trade Organization ruling approved a long-outlawed U.S. trade policy on Tuesday, when a panel of adjudicators said Washington's use of "zeroing" to calculate anti-dumping tariffs was permissible in the case of Canadian softwood lumber.
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The petition against Canada's new competitor to the Boeing 21 aircraft came just days after the Commerce Department imposed duties averaging 20 percent on imports of Canadian softwood lumber, saying that the product's origin from public land amounted to an unfair government subsidy.
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This move to further protect an already over-protected Canadian dairy industry was wrongheaded, but responding with massive tariffs on softwood lumber worsens the problem, and sets the stage for an economically ruinous trade war with one of our most important economic partners.
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The wide-ranging trade dispute, which was filed with the WTO in December and released publicly on Wednesday, is mostly in response to the steep anti-dumping and countervailing duties that the United States has recently slapped on Canada's softwood lumber industry.
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The wide-ranging trade dispute, which was filed with the WTO in December and released publicly on Wednesday, is mostly in response to the steep anti-dumping and countervailing duties that the United States has recently slapped on Canada's softwood lumber industry.
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"While I remain optimistic that we will be able to reach a negotiated solution on softwood lumber, until we do we will continue to vigorously apply the AD and CVD laws to stand up for American companies and their workers," he said.
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After repeated campaign promises to "get tough on trade," President Donald Trump just moved to slap a roughly 20 percent tariff on softwood lumber entering the United States from Canada, reviving a long-smoldering trade dispute between the U.S. and its second-largest trading partner.
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Ron WydenRonald (Ron) Lee WydenWyden blasts FEC Republicans for blocking probe into NRA over possible Russia donations Wyden calls for end to political ad targeting on Facebook, Google Ex-CIA chief worries campaigns falling short on cybersecurity MORE (D-Ore.) backed the softwood lumber announcement.
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The threat came 10 days after the Trump administration tariffs of up to 24 percent on Canadian softwood lumber exports to the U.S. Lumber producers in the U.S. have long complained that Canadian producers receive government subsidies, lowering the price of lumber produced in Canada.
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There was no mention of active disputes between the United States and Canada over softwood lumber and dairy products, but the document targeted a range of agricultural non-tariff barriers, including subsidies and unfair pricing structures, that are currently at the heart of those standoffs.
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This is why it is absolutely imperative that the Trump administration resumes talks with Canada to find a long-term solution to this trade dispute that will ensure American home builders and consumers have access to a reliable supply of softwood lumber at reasonable prices.
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In Quebec, another big lumber-producing province, softwood negotiator Raymond Chretien said the sides should try to settle the dispute ahead of efforts to renegotiate terms of the North American Free Trade Agreement, another source of trade friction between Canada and the United States.
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WASHINGTON/OTTAWA (Reuters) - The U.S. International Trade Commission said on Thursday it made a final finding that exports of softwood lumber from Canada injure U.S. producers, virtually ensuring that hefty duties on imports of the building material will remain in place for five years.
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WASHINGTON, Nov 2 (Reuters) - The U.S. Commerce Department said on Thursday it made a final finding that imports of Canadian softwood lumber are being unfairly subsidized and dumped in the United States, escalating a trade dispute with Canada in the midst of talks to renegotiate NAFTA.
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A new duty imposed by the U.S. Commerce Department on Canadian softwood lumber is designed to level the playing field between Canadian and U.S. lumber producers, and just the anticipation of it has pushed lumber prices higher by about 22 percent since the start of this year.
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At that point, one month before the U.S. election, the United States could launch a trade war with Canada over softwood that will damage the Canadian economy (already coping with weak commodity prices and slower growth and higher unemployment this year that in the United States).
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U.S.-Canadian relations will start off badly with the 45th president of the United States and the 115th Congress if a softwood dispute triggered by a minority set of firms in the U.S. lumber industry is triggered by new duties imposed on Canadian imports in October.
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WASHINGTON (Reuters) - The United States and Canada have failed to settle a festering trade dispute on softwood lumber ahead of talks to modernize the North American Free Trade Agreement (NAFTA), but will keep the lumber negotiations on a separate, parallel track, officials from both countries said.
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In the Pacific Northwest, this starts with: revisiting the way we manage of our Pacific fisheries; opening up the softwood marketplace to real competition; updating the Columbia River Treaty; bringing fairness to the supply management of dairy; and allowing American wheat and winemakers to fairly compete.
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The housing sector has softened in recent months, with weak housing starts in June and July on concerns that American families are struggling to afford homes, a concern exacerbated by duties on softwood lumber imports estimated to add $22019,000 to the cost of building a new home.
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Speaking at an event held at the Bipartisan Policy Center, a Washington think tank, Ross said also said that the Commerce Department would impose anti-dumping and anti-subsidy duties on Mexican sugar and Canadian softwood lumber if negotiated settlements in those trade disputes could not be reached.
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"They have to raise prices – if you're paying 21 percent more for softwood pulp and 60 more for hardwood, you have to pass that price on to someone or you're just not going to be able to stay in business," said Arnaud Franco, senior analyst at the council.
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It can create jobs in struggling rural areas Softwood (mostly pine, spruce, or fir) forests in the US are predominantly found in the Northwest and the Southeast, and the communities that live and work in them have been struggling, especially since the housing crash and the great recession.
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The case has increased trade tensions between the United States and Canada - along with disputes over Canadian softwood lumber and U.S. milk protein products - as both countries prepare for a possible renegotiation of the North American Free Trade Agreement under the "America First" trade policy of U.S. President Donald Trump.
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High-quality softwood prices have fallen to 60 to 80 euros per cubic meter for standing stem timber, or timber that still needs to be cut, down around a third over the last 18 months as landowners flood the market with infested trees as well healthy ones before they are attacked.
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The difference between this trade fight and those with other countries, like China, is that quite a lot of money is involved, says Chad Bown a senior fellow at the Peterson Institute for International Economics in Washington, DC. The United States imports about $22016 billion a year in Canadian softwood lumber.
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But since Trump's inauguration, which heralded not just the NAFTA renegotiation, but also a heightened spat over softwood lumber, "Canadians are now beginning to realize that we do have to diversify our trade relationships and China is the second-largest economy and that's a very important economy for Canada," he said.
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"That's a longstanding and complicated issue, but we do welcome the Trudeau's government interest in discussing a new arrangement for softwood lumber, and we're open to exploring all options with Canada to address this important trade issue," said Mark Feierstein, the senior director for the Western Hemisphere at the National Security Council.
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Back in the 1980s, Canada's conservative government, led by Prime Minister Brian Mulroney — who once joined President Ronald Reagan for a duet of "When Irish Eyes Are Smiling" — sold Canadians on the idea of free trade with the United States with the promise that it would end American trade action against softwood lumber.
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Trade in dairy and softwood lumber has emerged as a major irritant between Canada and the United States in recent weeks, and Prime Minister Justin Trudeau is under pressure to protect Canadian jobs as U.S. President Donald Trump forces the renegotiation of NAFTA, the trilateral free trade agreement with Mexico, Canada and the United States.
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The era's religious faith is especially palpable in two carved softwood sculptures from the 14th century whose colors and gilding remain nearly intact: a pale, life-size Spanish crucifix that is both daunting and slightly comic and a polychrome wood Pietà with anguished expressions and with gaping wounds whose red matches that of the Virgin's robes.
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"While I am disappointed that a negotiated agreement could not be made between domestic and Canadian softwood producers, the United States is committed to free, fair and reciprocal trade with Canada," said Commerce Secretary Wilbur RossWilbur Louis RossTrump administration delays penalty on Huawei for another 90 days WaPo calls Trump admin 'another threat' to endangered species Recession fears surge as stock markets plunge MORE.
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Since President TrumpDonald John TrumpTrump pushes back on recent polling data, says internal numbers are 'strongest we've had so far' Illinois state lawmaker apologizes for photos depicting mock assassination of Trump Scaramucci assembling team of former Cabinet members to speak out against Trump MORE took office nearly a year ago, the United States has levied steep tariffs against Canada in several cases including softwood lumber, paper and passenger jets, creating growing anxiety among Canada's industries.
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While a few are tangible — Trump did pull out of the Trans-Pacific Partnership and enact softwood lumber tariffs — others are a bit harder to quantify (how do you know when you've accomplished "buy American hire American"?) Here's what's on Bannon's whiteboard, as far as we can make out from the photo: While D'Souza deleted the initial tweets, their color-enhanced screenshots are still lurking around on Twitter, giving many armchair detectives an excuse to zoom in.
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Mike CrapoMichael (Mike) Dean CrapoA US-UK free trade agreement can hold the Kremlin to account Oversight Republicans demand answers on Capital One data breach On The Money: Fed cuts rates for first time since financial crisis | Trump rips Fed after chief casts doubt on future cuts | Stocks slide | Senate kicks budget vote amid scramble for GOP support MORE (R-Idaho) want U.S. trade officials to negotiate a "clean quota" agreement to address the softwood lumber spat with Canada.
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Mike CrapoMichael (Mike) Dean CrapoA US-UK free trade agreement can hold the Kremlin to account Oversight Republicans demand answers on Capital One data breach On The Money: Fed cuts rates for first time since financial crisis | Trump rips Fed after chief casts doubt on future cuts | Stocks slide | Senate kicks budget vote amid scramble for GOP support MORE (R-Idaho) want U.S. trade officials to negotiate a "clean quota" agreement to address the softwood lumber spat with Canada.
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Former President Jimmy CarterJimmy CarterTrump spends big in Texas, raising questions about whether he's worried Here's how senators can overcome their hyperpartisanship with judicial nominees A plea to progressive political pundits: Stop wringing your hands MORE says that he agrees with President TrumpDonald John TrumpO'Rourke: Trump driving global, U.S. economy into recession Manchin: Trump has 'golden opportunity' on gun reforms Objections to Trump's new immigration rule wildly exaggerated MORE's decision to slap tariffs on softwood lumber entering the U.S. from Canada.
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