Canada reports progress with US on lumber, 'but not there yet'

Now he's drawn a new target - Canada.

Dairy farmers strapped for cash and in some cases about to lose their businesses over a trade dispute with Canada could apply for loan guarantees from a state agency, Gov. Scott Walker announced Tuesday. We will not stand for this.

Who's really going to end up paying for the new Trump tax on Canadian lumber?

Ross dismissed the idea that USA home prices would go up exclusively as a result of lumber tariffs, saying that the total cost of a home depends much more on the land than the product used to build the home. At 9:22 a.m. ET (1322 GMT), the Canadian dollar was trading at C$1.3594 to the greenback, or 73.56 US cents, weaker than Monday's close of C$1.3516, or 73.99 USA cents.

The provincial government says forestry communities need support after the USA slapped duties of up to 24 per cent on softwood lumber entering the US from Canada. It's the latest chapter in an ongoing dispute between the two countries. He says millions of U.S.jobs depend on smooth flow of goods, services and people back and forth across the border.

He cited free trade in the North American auto sector as an example of how a typical vehicle part can cross the border up to six times before it ends up in a finished automobile. "You can not thicken this border without hurting people on both sides of it".

We will not allow this USA decision to threaten the livelihoods of workers in our province.

Trump has said he intends to renegotiate NAFTA, the pact that has governed commerce across the border for more than 20 years. WKOW-TV of Madison says the state past year imported nearly $200 million of the softwood lumber used for making house frames and furniture - and new houses with Canadian lumber could soon cost $1,000 more as the added import taxes are passed onto consumers. "If Canada and Trudeau are smart they will invest in underlying the direct costs that will be borne by homebuyers here", Bruen said. "A lot of stress on families, a lot of stress on communities that doesn't have to be there and many of them are unwilling pawns, in my mind, for political gains somewhere down the road".

The decision came in response to a complaint filed in November by the U.S. Lumber Coalition. The two leaders agreed on the importance of reaching a negotiated agreement, recognizing the integrated nature of the industry between Canada and the United States.

On dairy, the PMO noted that the trade balance "heavily favours" the USA, with Canada importing more than $550 million of dairy products from the US each year, but exporting just over $110 million.

Clark said during an election campaign it's important not to provoke the USA with rash talk. In softwood lumber, the countries have a once-a-decade cycle of tariffs, trade litigation, and ultimately settlements.

Speaking from Beijing, Champagne says Canada's pitch is resonating in China because softwood is an environmentally friendly building material that can satisfy a need for more housing without higher greenhouse gas emissions.

- Horgan promised that if elected premier, he would travel to Washington, D.C., within 30 days to sit down with US representatives and talk about securing a softwood lumber deal.

Remember that time when USA president Donald Trump made a big deal out of the role women should play as business leaders?

Ross said the Trump administration might intercede to aid Toshiba Corp's United States unit Westinghouse Electric Co., which filed for bankruptcy last month. "That doesn't mean they don't have to play by the rules". In multiple public appearances Tuesday, Commerce Secretary Wilbur Ross emphasized that the reason lumber and dairy have erupted as irritants is they're not properly addressed in the old agreement, which he called obsolete. Ottawa shields its dairy farmers from foreign competition, regulating prices and production and taxing imports heavily.

However, about 10 per cent of the company's softwood exports are still shipped to the US and Murray expects the new duty to make such sales "pretty much unprofitable". The US contingent included Mary Barra, CEO of GM, and Julie Sweet, Accenture's CEO of North America; and the Canadian group included Tina Lee, CEO of T&T Supermarket, and Linda Hasenfratz, CEO of Linamar, an automobile parts maker.

Some American dairy farmers have been devastated. And American dairy exports make up less than 1% of total United States exports to Canada, according to Freeland.

It's a tariff local, state, and national home builder associations would like to avoid.

"We really think that these allegations that our industry is being subsidized are wrong", Freeland said. "If we have to turn around and dump the milk, we'd be looking at a $35,000 loss every month". It said: "It was a very amicable call", and that the leaders discussed dairy and lumber.

As Trump has also pledged to fight Canada's dairy quotas, the tension has been increased between the two countries. "We have 360,000 [lumber] jobs dependent on a level playing field with Canada".