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Donald Trump ordered a US wooden market review, set stage for the industry to participate in Washington’s Washington basket basket.
The President on Saturday is directed by the Department of Commerce to investigate whether the imports of trees and wooden products are harmful to the domestic loggers in a single-ordering form of a similar copper industry.
If the investigation is found evidence of disposal, the President can impose revenge measures including quotas and tariffs. Canada, at the greatest source of imports of timber trees, can be the most hit.
“Clearly, someone happens here. We know that there are many subsidies of exporters who enjoy our market,” said a White House officer ahead of the order.
“But up to (commercial) Secretary Howard Lutnick To check it and return to the President of a report. ”
While Canadian wood imports are already covered with the tariffs of 14.5 percent, the advertisement marks the first formal step toward the global Trump war. Any new tariffs in addition to the previous Levi in Canada.
It comes with the eve of 25 percent tariffs introduced in Canada and Mexican next week, in addition to importing Chinese imports to Chinese trade colleagues.
The President also intended to target the specific industries where he argued that the imports lower the domestic industry. He has set to impose 25 percent of Steel and Aluminum imports from March 12, following similar examination of that sector in his first term.
On tuesday she announced an investigation To cultivate copper imports, honoring fear that metal is the next sector punched by tariffs.
The US has a remarkable feud with Canada to import trees in wood. It imports 34mn cubic feet of softwood boards at 2023. The majority of that – over 28mn cu ft – from Canada. The next largest, Germany and Sweden, sends less than 3.5mn cu ft tied together.
The forestry is great business for Canada. In 2022, the sector contributes C $ 33.4bn in real GDP, or about 1.2 percent. In the same year exports to Canadian forest products are appreciated at C $ 45.6bn, with the majority specified for the US, according to government data.
The province of British Columbia, where there is a high concentration of the Canadian forestry industry, as well as companies, spent decades of courts fighting US and anti-dumping.
In 2016 the wooden tree industry launches the latest rounds of litigation, encouraging the commercial department to act as “Canadian lumber is unevenly underway and discarded in the US market,” according to a statement from the Government of BC.
The dispute with the Canadian Forestry Industry’s Crust of Wourcing Woods from Crown Lands, or parks operated by provinces dependent on private land.
Because it turns out that Trump always raises the issue and threaten the tariffs of wood imports.
Derek the Derek, the president of the forest products in Canada, said any increase in wooden tariffs of the forest on both sides of the border, and the American families demanded cheap residence.
“We must focus on strengthening our competition advantages, building more cheap residence, which work together to worsen wildfire,” he said to a statement last month.
But Andrew Miller, owner of the wood and the US lumber coalition, “Unaccountable trade in Canada comes in direct cost of US companies and workers.”