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The federal government is considering slapping trade tariffs on U.S. exports in retaliation for American protectionism on softwood lumber.
The spectre of an escalating trade war is being raised by Industry Minister David Emerson and Finance Minister Ralph Goodale.
They say their colleague, Trade Minister Jim Peterson, is identifying sectors where Canada could impose tariffs and place maximum pressure on the U.S.
Paul Martin says it's not the right time yet to call U.S. President George W. Bush to voice Canadian anger over the softwood lumber spat.
The prime minister said Wednesday he will call Bush, but wants to prepare by consulting provincial governments and lumber industry officials.
The leaders have not spoken since the U.S. announced last week that it would ignore an international trade ruling condemning its duties on Canadian wood.
"I will be speaking to the president when the timing is appropriate," Martin said at a Liberal party summer retreat.
"It's very important as far as I'm concerned that that phone call take place when it is right for Canada to have it take place, and that will be quite soon."
Originally posted by Duzey
I'm sorry America doesn't find us interesting.
Originally posted by Majic
On the contrary, you seemed to be having so much fun that I, being an American, couldn't resist crashing the party.
Sorry, but it is kind of hard to get all excited about lumber. I mean, it's lumber.
As for the evil U.S. sticking it to the poor Canadians, the way it works is like this: we pay our people to screw your people, and you pay your people to screw our people.
And yes, we know we suck.
Originally posted by Duzey
The unfortunate thing is your guys are screwing you at the same time they are screwing us. And let's just say only one of us will be satisfied when it's over, and I don't think it's you or me.
Originally posted by Duzey
I would classify the US as an unreliable trading partner, not a Nation of Suckiness. That's why I keep trying to show how this hurts most Americans, aside of some big lumber companies.
Originally posted by Duzey
I think you can still be saved.
Originally posted by Majic
To the best of my knowledge, the situation has never actually been much better, but tradition holds that we must always complain that it's getting worse.
As for being unreliable, who's reliable? Where there's trade, there's trade disputes.
Originally posted by The Middle Kingdom
I am defending the CCP because not everything it does is wrong, it is not evil it is pursueing a policy of realpolitik something that nations including the US have been doing for years, the CCP wishes to make China strong and is trying to help the people as best as it can without sacrificing its position in the world something that ALL countries except Canada does (canada puts people first).
A more important feature is that we're your largest trading partner, and you are ours.
If we're also the most unreliable, damn the bad luck being next door to a neighbor like us.
Oh, and um, mind if we borrow a few billion to tide us over to the next election? It's just 'til payday, and we'll spring for pizza if you do (with Canadian bacon on it, of course).
And um, sorry our dog peed on your couch.
*Though I hope you're right.
Federal cabinet ministers remained defiant and unwavering Friday in their tough stand against Washington over the softwood lumber dispute, dismissing a call from the U.S. ambassador to stop their "emotional" comments.
Industry Minister David Emerson said David Wilkins comments, said in a newspaper interview, are hypocritical because they suggest Canada hasn't been serious about negotiating.
The minister said Canadians may need to start gearing up for a trade war with the United States.
Trade Minister Jim Peterson said the ambassador should tell Washington "that they should not confuse emotion with commitment and determination by Canadians to ensure the NAFTA is respected."
"It's not emotional to state the facts," Martin said at the end of a day-long federal cabinet meeting in Winnipeg.
"The facts are when you sign an agreement you should live up to its terms and that's what we've said."
He said the Canadian reaction has been firm and demonstrates the government's commitment to deal with the dispute on the basis of the facts.
canoe.ca
Originally posted by Darth Tinku
Even if we get the $5 billion from the US does it really matter? Its surprising that with the 2nd biggest Oil reverses in the world, we can’t even get a tax break in our own country, Americans actually pay less for Oil in terms of international dollars in there own country believe or not. All the tax increases on goods and cuts in public spending is really starting to show. I’m mean still I love it here, but come on. Its time Martin and the liberals get kicked out of office and let another party try to do a better job. Where’s all the money from the sponsorship scandal? $250 million stolen out of Canadian pockets that could have gone to schools, programs, etc. What a shame.
Originally posted by Majic
Such is the tradition in trade negotiations the world over.
Please don't take it personally, it's strictly business.
And yes, we know we suck.
[edit on 8/25/2005 by Majic]
Trade Minister Jim Peterson says he's "disappointed" with a world trade panel ruling that favours the United States in the longrunning softwood lumber dispute.
But the minister says it won't change Ottawa's plans to keep fighting in the courts.
Peterson said Ottawa is also still considering retaliation against Washington with possible trade sanctions against U.S. exports to Canada.
In a setback to the Canadian case, the
World Trade Organization has ruled that the U.S. complied with international laws in imposing billions of dollars in duties on Canadian softwood.
The U.S. International Trade Commission first issued its injury determination in 2002. Canada appealed to the WTO later that year and won.
The ITC then issued a second determination saying it still found injury, which Canada again appealed and which the WTO addresses in this latest report.
www.reuters.com
The B.C. government announced its involvement Monday, touting a list of dramatic statistics to back its efforts: Asia-Pacific container traffic to North America will expand by 300 per cent in the next 15 years. A one-per-cent increase in container traffic through B.C. ports means $250 million per year and 4,000 new jobs for B.C.'s economy. By 2020, the port industry alone could grow to support 50,000 jobs, pumping $1.7 billion into the B.C. economy.
The delegation will be led by federal Transport Minister JeanLapierre and include 30 presidents and CEOs of port authorities, airlines, airports and railways across Canada. Among them are Larry Berg of the Vancouver Airport Authority, Montie Brewer of Air Canada, Garry Collins of Harmony Airlines, Gordon Houston of the Vancouver Port Authority, as well as other senior executives from Canadian Pacific Railway and Canadian National Railway.
The week-long trip beginning Sept. 1 will include meetings with Chinese government representatives, counterparts at Chinese ports and airports, and executives from major airlines like Air China, China Eastern Airlines, and China Southern Airlines.
Originally posted by Dulcimer
Hmm, once the rebuilding comes after the katrina hurricane perhaps they will solve this issue a whole lot faster.