Prime Minister Trudeau says his government will continue to work with the U.S. administration to find a resolution to the latest chapter of the long-running dispute over softwood lumber.
Canada's trade deficit fell in April and its surplus with the U.S. ballooned to its largest in three years, boosted by shipments of cars, natural gas and softwood lumber, says Statistics Canada.
Step aside, China and Mexico: Canada is now U.S. President Donald Trump's whipping-boy-du-jour on trade, something he made abundantly clear on Tuesday, April 25, 2017.
It didn't take long for Donald Trump's new tariffs on softwood lumber to echo in Ontario's Madawaska Valley — a forestry-dependent area almost exactly 1,000 kilometres due north of the U.S. capital.
A pair of former American ambassadors to Canada have criticized U.S. President Donald Trump for his string of remarks about Canada, calling it counter-productive to seriously resolving trade issues.
President Donald Trump tweeted on Tuesday, April 25, 2017, : "Canada has made business for our dairy farmers in Wisconsin and other border states very difficult. We will not stand for this. Watch!"
The U.S. is imposing significant duties of up to 24 per cent on lumber imports — the latest flare-up in Canada's escalating trade skirmish with President Donald Trump's administration.
Ottawa has talked with provinces about helping Canada's forestry sector, but won't move immediately once the U.S. imposes duties on softwood lumber imports, a government source says.
Alberta Premier Rachel Notley says U.S. President Donald Trump is likely to have some unhappy supporters south of the border if he goes after Canadian energy with trade sanctions.