US, Canada Weigh Next Steps in Softwood Lumber Trade Spat

May 11, 2017

The preliminary determination reached by the US Department of Commerce last month to levy countervailing duties on Canadian softwood lumber imports has been met with reports of potential Canadian trade action targeting US industries in response. This latest escalation in a protracted disagreement between the neighbours comes just as Canada, the US, and Mexico gear up to re-open talks on the decades-old North American Free Trade Agreement (NAFTA).

 

***

This news item is a product of Bridges News, a leading source of objective and timely information on trade and sustainable development. To view additional content, visit the International Centre for Trade and Sustainable Development.

Read Full Article: Link


Topics: WORLD TRADE ORGANIZATION (WTO) IMPORT TARIFFS SUBSIDIES GLOBAL ECONOMY

Regions: CANADA UNITED STATES NORTH AMERICA

Authors: INTERNATIONAL CENTRE FOR TRADE AND SUSTAINABLE DEVELOPMENT (ICTSD)

RTA

In Other News

APEC Leaders Debate Approach to Trade Tensions, WTO Issues at Port Moresby Summit

November 22, 2018

Leaders from 21 Asia-Pacific Economic Cooperation (APEC) economies wrapped up their annual summit this past weekend in Port Moresby, Papua New Guinea, tackling a host of subjects relating to region...READ MORE

EU, South Africa Discuss Options for Closer Economic Ties at Presidential Summit

November 22, 2018

South African leaders met with their European counterparts in Brussels for a presidential summit on 15 November to discuss future opportunities for cooperation, including on economic issues. Discus...READ MORE