US Commerce Department not heeding Canadian trade threats

U.S. Commerce Secretary, Wilbur Ross, said that trade threats from Canada were not appropriate.
By Tyler Henderson | May 07, 2017
U.S. Commerce Secretary, Wilbur Ross, said that trade threats from Canada werenot appropriate.

Ross issued a statement on Saturday that responded to threats from the U.S. neighbor to the north that they might take retaliatory trade actions against the United States of America. The U.S. made import duty determinations on Canadian softwood lumber that have great ramifications on the Canadian economy. Canadian Prime Minister, Justin Trudeau, said on Friday that the Canadian government would look into whether they should stop American firms from shipping thermal coal from ports in British Columbia as a result of the decisions of the U.S. government. Ross said that no actions taken by the Canadian government will in any way affect the decisions of the United States of America on import duty.

"We continue to believe that a negotiated settlement is in the best interests of all parties and we are prepared to work toward that end," said Ross in a statement issued by the U.S. Commerce Department.

According to Ross, Canadian trade officials still have the opportunity to affect the U.S. decision on lumber duties by taking the proper channels to do so.The U.S. Commerce Department is still finalizing its reports and drawing conclusions and advice based on its anti-subsidy statistics. Should the Canadian government provide additional data, Ross said the U.S. government would certainly consider it seriously. After the U.S. International Trade Commission affirms the suggestions of the Commerce Department, however, the regulations will be in place for five years.

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