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The United States has responded to Canada's mighty roars in the softwood lumber dispute with a deafening yawn. But as Ottawa makes rumblings about trade retaliation and the prime minister prepares to weigh in, the Americans are holding out the hope of a negotiated settlement.
International Trade Minister Jim Peterson immediately called on Washington to concede defeat and return about $5 billion in countervail and anti-dumping duties collected from Canadian companies.
The U.S. refused, saying the ruling is not the end of the matter because it does not deal with a 2004 decision from the U.S.-based International Trade Commission. That decision supported the American case, although it's believed it and other earlier decisions have all been trumped by the NAFTA conclusion.
as posted by Dulcimer
No Canada is not happy. Time to grow some spines and slap the states around a bit.
Originally posted by Dulcimer
Have you been following the on going softwood lumber issue between USA and Canada?
Perhaps you havent heard much about in the states because they dont talk about it? I havnt found many american sources talking about it. Not nearly as much as in Canada.
The United States has responded to Canada's mighty roars in the softwood lumber dispute with a deafening yawn. But as Ottawa makes rumblings about trade retaliation and the prime minister prepares to weigh in, the Americans are holding out the hope of a negotiated settlement.
International Trade Minister Jim Peterson immediately called on Washington to concede defeat and return about $5 billion in countervail and anti-dumping duties collected from Canadian companies.
The U.S. refused, saying the ruling is not the end of the matter because it does not deal with a 2004 decision from the U.S.-based International Trade Commission. That decision supported the American case, although it's believed it and other earlier decisions have all been trumped by the NAFTA conclusion.
Source
Related Articles: (Surprising all Canadian..........)
ottsun.canoe.ca...
www.halifaxlive.com...
www.timminstimes.com...
www.newswire.ca...
ottsun.canoe.ca...
National Post
Oh wait I found one from USA !
USA Source
Perhaps someone needs to step into the states and teach them a lesson in economics? You can debate this all you want.
Admit it, the United States does not play by the rules with these trade issues.
5 billion is no small chunk of change.
Oh and if you want to see the massive list of Canadian Sources on the story, search softwood lumber in google news (url doesnt post right here)
No Canada is not happy. Time to grow some spines and slap the states around a bit.
Sources of anger !
www.theglobeandmail.com...
www.ctv.ca...
www.ctv.ca...
www.theglobeandmail.com...
www.edmontonsun.com...
[edit on 13-8-2005 by Dulcimer]
Originally posted by google_abcd
Just 5 billion, take it easy...
USA owes China and Japan hundreds of billion us dollars
........................................................................................
#1. Canada is the America's major trading partner
#2. Softwood is only one part of NAFTA (oil and water, for instance?)
This particular fight is going to become the catalyst for upsetting the apple cart. NAFTA needs to be either rethought or done away with entirely.
I'm hoping for the latter.
China and Japan are not part of NAFTA
[edit on 13-8-2005 by masqua]
Else, perhap's Canada should release itself from the agreement.
Originally posted by Dulcimer
Admit it, the United States does not play by the rules with these trade issues.
It might give the Western half of Canada further reason to seek becoming states of the US or to become separate from Eastern Canada.
Originally posted by Seekerof
as posted by Dulcimer
No Canada is not happy. Time to grow some spines and slap the states around a bit.
Please do at your convenience.
It might give the Western half of Canada further reason to seek becoming states of the US or to become separate from Eastern Canada.
Btw, did you wish to discuss the issue or simply turn it into a US versus Canada slugfest?
seekerof
Meanwhile, former Liberal cabinet minister Herb Dhaliwal called on Ottawa yesterday to slap a surtax on natural gas exports to the United States, saying it is the only way to force the Americans to refund the $5-billion.
Originally posted by intrepid
*Predicts an American will either pipe into this thread that they would take us over if we did that or that we need them for defense*