Ross ties lumber, dairy issues to NAFTA talks with Canada, faults Congress for stalling process

Commerce Secretary Wilbur Ross — after announcing preliminary countervailing duty rates for softwood lumber from Canada this week — on Tuesday said “one of the problems” with NAFTA is that lumber and an unrelated dairy dispute with Canada are two key areas not covered by the trilateral agreement, which he said is stalled in Congress. [Jenny Leonard]…

Details

Democrats knock Trump over ‘broken promises’ on China currency, NAFTA renegotiations

House and Senate Democrats on Tuesday released a report on President Trump’s “broken promises” to American workers, included the administration’s decision not to label China a currency manipulator, its failure to date to launch NAFTA renegotiations and a lack of action on various “Buy American” proposals. [Charlie Mitchell] April 25th, 2017 [Inside U.S. Trade]  The…

Details

Press Release: CPA Supports US Duties to Counter Canadian Government Lumber Subsidies

Washington~ The Trump administration announced Monday evening that it will impose countervailing duties up to 24% on imported lumber subsidized by the Canadian government.   The Commerce Department announced its Preliminary Determination of Countervailable Subsidies on April 24, 2017 after a long running investigation. CPA strongly supports the Trump Administration’s move to eliminate the unearned advantage given…

Details

TRUMP’S REAL CHINA CURRENCY BLUNDER

What was worse about President Trump’s decision to let China off the currency manipulator hook (for now) was its geopolitical rationale. [Alan Tonelson] April 20th, 2017 [Industry Today] What was worst about President Trump’s decision yesterday to let China off the currency manipulator hook (for now) was not the scrapping of a long-time campaign promise…

Details