- Aug 6, 2012
- 27,936
- 24,751
- 2,405
One down, quite a few to go. 20% For lumber is a start.
There's the meat industry, dairy, protectionism of our finance industry, free and unwavering access to U.S companies via the internet and phone outreach (cross border business without tax), NAFTA violations in which Canadian authorities enter American businesses and tamper with their HR departments/executive positions, heavily subsidized industries. Not to mention, violation of individual and business right to self determination, on top of our inability or disregard for our NATO obligations.
China, Mexico, Canada, in that order.
Trump Plans To Impose Tariff On Imports of Canadian Softwood Lumber
In an interview Monday, Commerce Secretary Wilbur Ross said the tariff will be applied retroactively and imposed on Canadian exports to the U.S. of about $5 billion a year. He said the dispute centers on Canadian provinces that have been allegedly allowing loggers to cut down trees at reduced rates and sell them at low prices.
The determination that Canada improperly subsidizes its exports is preliminary, and the Commerce Department will need to make a final decision. In addition, the U.S. International Trade Commission will need to find that the U.S. industry has suffered injury. But even a preliminary decision has immediate real-world consequences, by discouraging importers from buying lumber from Canada.
"We tried to negotiate a settlement but we were unable," Mr. Ross said, adding that previous administrations have also been unsuccessful in resolving the dispute.
He said the Trump administration has notified Canada of its decision.
There's the meat industry, dairy, protectionism of our finance industry, free and unwavering access to U.S companies via the internet and phone outreach (cross border business without tax), NAFTA violations in which Canadian authorities enter American businesses and tamper with their HR departments/executive positions, heavily subsidized industries. Not to mention, violation of individual and business right to self determination, on top of our inability or disregard for our NATO obligations.
China, Mexico, Canada, in that order.
Trump Plans To Impose Tariff On Imports of Canadian Softwood Lumber
In an interview Monday, Commerce Secretary Wilbur Ross said the tariff will be applied retroactively and imposed on Canadian exports to the U.S. of about $5 billion a year. He said the dispute centers on Canadian provinces that have been allegedly allowing loggers to cut down trees at reduced rates and sell them at low prices.
The determination that Canada improperly subsidizes its exports is preliminary, and the Commerce Department will need to make a final decision. In addition, the U.S. International Trade Commission will need to find that the U.S. industry has suffered injury. But even a preliminary decision has immediate real-world consequences, by discouraging importers from buying lumber from Canada.
"We tried to negotiate a settlement but we were unable," Mr. Ross said, adding that previous administrations have also been unsuccessful in resolving the dispute.
He said the Trump administration has notified Canada of its decision.
