Moving beyond China and Mexico, Trump targets Canada trade - News Summed Up

Moving beyond China and Mexico, Trump targets Canada trade


WASHINGTON — President Donald Trump has long railed about unfair trade practices of China and Mexico. Watch!”Hours earlier, his Commerce Department had announced plans to impose duties averaging 20 percent on softwood lumber imports from Canada. The duties on Canadian lumber imports are “a pretty hard blow,” Gary Hufbauer, senior fellow at the Peterson Institute for International Economics, said of the lumber sanctions. “People don’t realize Canada’s been very rough on the United States,” Trump said Tuesday. The two countries have patched over their differences on Canada’s softwood lumber imports, most recently with a compromise that expired in 2015.


Source: Washington Post April 25, 2017 20:36 UTC



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