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Economic Measures Trade

  • Foreign Minister Luis Videgaray said Mexico was watching to see if plans by U.S. Trump has vowed to pull out of the North American Free Trade Agreement that underpins the bulk of Mexican exports if he cannot rework it in his homeland's favor, and talks between the signatories- Mexico, the United States and Canada- on modernizing the accord are expected to start...

  • OTTAWA, April 25- The United States and Canada faced off on Tuesday in a renewed battle over softwood lumber that threatened to spill over into multiple other sectors, though President Donald Trump said he did not fear a trade war with Canada. The heated rhetoric came amid fresh attacks from the U.S. president against Canada's dairy industry, and just months after...

  • OTTAWA/ WINNIPEG, April 25- From cherries to wine and oil, Canada has a range of tools to retaliate against any Trump administration trade attacks but they are either too limited or too painful to invoke. Ottawa is keen to avoid a costly trade war with the United States as NAFTA renegotiations loom, given the U.S. economy is ten times larger than Canada's.

  • OTTAWA, April 25- The United States and Canada faced off on Tuesday in a renewed battle over softwood lumber that threatened to spill over into multiple other sectors, though U.S. Canada vowed to fight back against Washington's move on Monday to impose tariffs on lumber that mostly feeds U.S. homebuilding, noting trade authorities have consistently sided with...

  • Stimson Lumber CEO: My company has been hurt by Canada

    Discussing President Trump's tariff on imported Canadian lumber with Seth Kursman, VP of Government Affairs at Resolute Forest Products, and Andrew Miller, Stimson Lumber Company CEO.

  • TORONTO, April 25- Canada's main stock index notched a two-month high on Tuesday, led by gains for heavyweight financial and energy stocks, while shares of lumber companies rallied after new U.S. import duties on the product came out lower than some investors had expected. The United States said it will impose preliminary anti-subsidy duties averaging 20...

  • Now he's drawn a new target— Canada. Before sunrise Tuesday in Washington, Trump went on Twitter to declare: " Canada has made business for our dairy farmers in Wisconsin and other border states very difficult. Hours earlier, his Commerce Department had announced plans to impose duties averaging 20 percent on softwood lumber imports from Canada.

  • WASHINGTON, April 25- U.S. homebuilders on Tuesday criticized as "short-sighted" a government decision to impose anti-subsidy duties on imports of Canadian softwood lumber, saying it would cost American workers nearly $500 million in lost wages and raise house prices. The National Association of Homebuilders said the duties averaging 20 percent announced...

  • Foreign Minister Luis Videgaray said Mexico was watching to see if plans by U.S. Trump has vowed to pull out of the North American Free Trade Agreement that underpins the bulk of Mexican exports if he cannot rework it in his homeland's favor, and talks between the signatories- Mexico, the United States and Canada- on modernizing the accord are expected to start...

  • NEW YORK, April 25- The U.S. dollar surged against its Canadian counterpart on Tuesday after the United States imposed duties on Canadian softwood, while the euro hit a multi-month high on relief over the French election and the possibility of more hawkish European Central Bank policy in June. The move, which affects some $5.66 billion worth of imports of the...

  • OTTAWA, April 25- Canada will fight back against U.S. tariffs on softwood lumber and win again, top officials said on Tuesday, noting that international trade authorities have always ruled in its favor in the long dispute. President Donald Trump took aim at Canada's "unfair" dairy system, sent the Canadian dollar to a 14- month low as investors braced for tense...

  • Commerce Secretary Wilbur Ross speaks about new tariffs on Canadian softwood lumber from the White House in Washington, April 25, 2017.

    Wilbur Ross said Canada is "generally a good neighbor," but it has to "play by the rules."

  • Focusing on hard goods is 20th century trade: Expert

    Alexis Crow, PwC, and John Rutledge, SAFANAD, discuss the economic and market impact of Trump trade policies like the tariffs of Canadian lumber and dairy.

  • MEXICO CITY— The World Trade Organization ruled Tuesday that Mexico's tuna industry has been harmed by U.S. The decision said Mexico's economic damages from the labeling rules amounted to $163 million a year. Mexico's statement said its tuna industry meets "the highest international standards for the protection of dolphins and sustainability."

  • Trump warns Canada over dairy tax

    Nebraska Farmers Union President John Hansen discusses the Trump administration's next Canadian trade target: dairy farmers.

  • ROSS SAYS DOES NOT THINK THERE WILL BE A TRADE WAR WITH CANADA.

  • Sec. Ross: We don't think this will start a trade war with Canada

    U.S. Secretary of Commerce Wilbur Ross speaks about the new tariffs imposed on Canadian lumber imports at the White House.

  • GENEVA, April 25- Mexico can impose annual trade sanctions worth $163.23 million against the United States after winning a dispute over trade in tuna fish, a World Trade Organization arbitrator ruled on Tuesday. The sanctions award was only a third of the $472.3 million Mexico had asked for. Mexico's complaint, which dates back to 2008, focused on U.S. rules on "...

  • Sec. Ross: We hope to get trade promotion authority granted soon

    U.S. Secretary of Commerce Wilbur Ross speaks about the new tariffs imposed on Canadian lumber imports at the White House.

  • Sec. Ross: Nobody bargained for dumping products

    U.S. Secretary of Commerce Wilbur Ross speaks about the new tariffs imposed on Canadian lumber imports at the White House.