A Canadian forest industry leader said on Tuesday that the protracted timber trade dispute between the United States and Canada may develop into a trade war from April 2
April 2 is the first Monday after the termination of the cork wood agreement between Canada and the United States, and it is also the day when Canadians expect their American counterparts to file countervailing and anti-dumping lawsuitsthe general manager of BC timber chamber of Commerce, please pay attention to the latest developments on this website. Bob Plecas said, "there is no doubt that they will sue."
since this year, the annual trade volume of timber trade between the two countries has been about $8billion. It was the central topic of the meeting between Pierre Pettigrew, Minister of trade of Canada, and Robert Zoellick, U.S. trade representative, in Washington on Monday
The two countries have agreed to continue negotiations on this issue. Calm days on this issue have always been rare, and even it is not included in the scope of the North American Free Trade Agreement (NAFTA)however, both parties agreed to let the 5-year Timber Agreement end on schedule. This agreement limits the export quota to the United States for each timber producing province in Canada, and exports exceeding the spouse will be subject to heavy taxes
30% of the wood used in the United States is supplied by Canada
Canadian producers want to achieve free trade, and they believe that the agreement is an unfair trade product. Plecas said, "we will fight to the end.". He said that the Canadian industry was ready for the long and expensive trade war expected to come soon. He said that the tax in the United States must be very high
CFLi, which represents the producers of forest products in the United States, attached: 40X40X10mm clamp for stretching, m8x connection Φ Five 20 pieces ≥ 50mm long said that if a new agreement could not be reached on April 1, they planned to launch anti-dumping and countervailing lawsuits
Plecas said that Canada would seek NAFTA as a World Trade Organization (WTO) appeal. He said, "we know that we need to take a road that will cost a lot of money, but we have to go on."
the current low price of timber can only worsen this trade war. American producers are worried that if the agreement ends, Canadian timber will flood into the market. Plecas accused the American industry of restricting the import market
the United States accused Canada of subsidizing by not taxing timber harvesting on shared land, which Canada denied. Plecas said, "in fact, the reason why we are charged with subsidies is only because we are different from them." He also said that the United States has never won such accusations. But he is also an adult. Canada has different opinions on how to trade with the United States
during the effective period of the agreement, Canada's coastal provinces with private timber farms increased exports to the United States
some provinces that are not bound by the agreement, such as Saskatchewan and Manitoba, also benefit from exports
Plecas has good processability and also said that if the government can allow industry leaders of the two countries to jointly discuss forestry policies in North America,this may be much more effective
he said, "cork and wood are part of the greatest effort in the world's largest trade exchanges."
the daily trade volume between the United States and Canada is more than $1billion
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