Carney confirms possibility of lumber quotas in trade deal with the United States
CANADA, JUL 16 – Canada considers imposing lumber export quotas to ease escalating U.S. tariffs, aiming to protect jobs and stabilize its forest sector amid a long-standing trade dispute.
- Prime Minister Mark Carney announced measures to protect Canada’s steel industry, targeting imports from China with higher tariffs and reducing tariff-rate quotas from 100% to 50% of 2024 volumes.
- Carney indicated that future trade agreements with the United States might include quotas on softwood lumber exports.
- B.C. Premier David Eby mentioned that discussions on quotas are ongoing to resolve the softwood lumber conflict, which has persisted since 2015.
- Carney supports Eby's approach to address the softwood lumber dispute in a larger trade agreement.
52 Articles
52 Articles
What’s Behind the US–Canada Lumber Feud?
As the Trump administration looks to reset the global trade system, one of the longest-running international trade disputes in North America is returning to the forefront. The United States is reconsidering how it deals with the massive imports of Canadian softwood lumber. The two continental neighbors have feuded over the forest product since the 1980s. The root of the dispute can be traced in part to how land and the forests are owned. Canada’…
What’s Behind the US–Canada Lumber Feud? - The Thinking Conservative
Industry group, U.S. Lumber Coalition, argues that Canada’s wood products, which receive government subsidies, are sold at an artificially low price. The post What’s Behind the US–Canada Lumber Feud? appeared first on The Thinking Conservative.
Carney confirms possible lumber quotas in trade deal with the United States
Prime Minister Mark Carney said any future trade deal with the United States could include quotas on Canadian softwood lumber exports, a sector that has been a sore point in cross-border trade relations long before US President Donald Trump's trade war.
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