[ April 25, 2017 ] Carr says job losses inevitable in softwood dispute News
[ April 25, 2017 ] Carr says job losses inevitable in softwood dispute News
The largest and longest-running trade dispute between the U.S. and Canada may be coming to a head on Tuesday.
27 April, 2017, 05:45
Everyone thinks of Canada as being wonderful and so do I.
Trade tensions spiked between Washington and Ottawa Tuesday as President Donald Trump accused Canada of being "very rough" on its southern neighbor and threatened to retaliate against new restrictions on U.S. dairy products.
In an opening salvo against American trading partners who dump their products in the United States at unfairly subsidized prices, the Trump administration is considering slapping a 20% tariff on Candian softwood.
He said Canada was hurting American dairy farmers near the border, from Wisconsin to NY, by blocking dairy exports "and we're not going to put up with it".
"This has been going on for a while and we're not going to put up with it", he said. "The US is the least protectionist of the major powers, and yet we have the highest deficit - $500 billion". "We have 360,000 [lumber] jobs dependent on a level playing field with Canada". "That's stopping and it's stopping fast", he said. "Canada will continue to press their American counterparts to rescind this unfair and unwarranted trade action".
He also argues that the tariffs won't boost home prices by almost as much as builders say it will. "I have no idea how many people have already lost their jobs", he says.
"We will focus our efforts on doing whatever we can to ease the impact of those job losses. That is the reality of this countervail, and it is going to result in some tough times for some operators across the country", Carr said.
A US homebuilder group called the ruling "shortsighted".
Trade Minister Francois-Philippe Champagne says selling more Canadian softwood lumber to China is one answer to the latest trade dispute with the U.S.
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The U.S. Lumber Coalition past year petitioned the U.S. Department of Commerce to impose tariffs on Canadian lumber, following decades of complaints by American logging companies who say their Canadian competitors depress prices in the U.S. with cheap lumber cut from Canadian public forest land. Ross replied: "They're generally a good neighbour".
The US Government's decision was also criticized by the British Columbia Lumber Trade Council. On the campaign trail, President Trump's strong rhetoric gave hope to American producers in several industries that his administration would crack down on the worst offenders.
The response ends by stating the group values the U.S. relationship but suggests this isn't about trade restrictions, but is more about Canadian products and USA oversaturation.
It seems like Trump became aware of the issue last week while visiting Wisconsin, where a local processor recently told farmers it was canceling its contract with them because it had lost its Canadian business. The housing market crash in 2008 cut demand for softwood lumber products such as pine 2x4 studs and other kinds of boards used to build homes, which are among the products affected by the administration's move.
The comments precede the upcoming renegotiation of NAFTA, expected this summer.
Canadian officials voiced a theory a few days ago about all the sudden, heated rhetoric: one said it's a negotiating tactic, representative of Ross's style. "In that sense, it shows that NAFTA has not worked as well as it should", Ross said. If you would like to discuss another topic, look for a relevant article.
Resolute vice-president Seth Kursman says Quebec has changed its system to a market-based auction nearly identical to that in the US, which should mean the Americans can not argue that Quebec is unfairly subsidizing its lumber companies.
"The Canadian provinces are supporting the mills by giving them timber at less than a market competitive price that there's already this advantage that Canadian mills have over US mills", Morgan says.
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Long's grip failed as Dao swung-which is when Dao's face plunged into the armrest, Rodriguez said in the report. Dao to leave in a "calm manner" but he refused and said he didn't care if he was arrested.
Real face Atletico Madrid in the first leg of their Champions League semi-final next Tuesday, with the final in Cardiff on 3 June. People are saying now Barca will win La Liga, Madrid are worth nothing, but I know perfectly it is not like that.
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A music event should have only musicians performing & we should put out our best artists on such a big platform". Sonakshi Sinha , whose new film Noor is playing in theatres now, has probably had the last word.
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