CANADA POLITICS: Trudeau ‘Very Hopeful’ of Getting US Softwood Lumber Deal

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By Politicoscope August 1, 2017 18:12

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Canadian Prime Minister Justin Trudeau said: “As we embark on the NAFTA renegotiations and improvements, people know that this is one that we need to make sure that we are settling right.”

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CANADA POLITICS: Trudeau ‘Very Hopeful’ of Getting US Softwood Lumber Deal

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.

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.

U.S. producers have said Canada unfairly subsidizes its lumber producers with low fees on timber cut on public land.

“We are very hopeful that we are going to be able to get to a deal,” Trudeau said in a television interview with Global News.

“As we embark on the NAFTA renegotiations and improvements, people know that this is one that we need to make sure that we are settling right.”

British Columbia Premier John Horgan told Reuters in an interview last week he was hopeful the spat could be resolved before negotiations on the North American Free Trade Agreement (NAFTA) begin.

Horgan met with U.S. officials in Washington last week, including Secretary of Commerce Wilbur Ross and Trade Representative Robert Lighthizer, to discuss the dispute.

“I’ve seen some very positive signs and a good working relationship with folks in the United States who know that we need to get this done,” Trudeau said.

– Reuters


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Politicoscope
By Politicoscope August 1, 2017 18:12

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Since You’re Here, We Would Like to ask You for Help

There are more readers worldwide reading the Politicoscope daily news content than ever before. Unlike many other news media organisations that charge their readers subscription fees for the same daily news content and features we offer you for free, we do not charge all our readers to pay any fee. We depend on online advertising to generate the revenues to fund all these great news content and exclusive features provided to you for free. Currently, advertising revenues are quickly falling which is affecting our ability to offer you free online news content.
If everyone who reads our news content, likes it and helps to support it, we can have future guarantee to offer you with the best daily news content and other amazing features, all for free.
"I visit Politicoscope everyday to read my daily news in world politics. I'm glad it's all for free. On my part, I'm happy to donate monthly so as to continue enjoying these free content because it's actually a small amount from me compared to paid subscriptions by other news organisations. I want to help Politicoscope grow more so that I and other readers can continue to have access to free and exclusive daily online news." - Denise H., from LA, USA.
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