Excuse my French, but it’s about Damn Time!
The CBC is reporting that Canada has asked the WTO for the authority to impose $4.1 billion in duties against US imports. (which happens to be how much Canadian companies have lost due to the unfair and illegal duties imposed by the US)
Why? Because the US has continually refused to work fairly in resolving the ongoing Softwood Lumber trade dispute and has in fact imposed obscene and unjustified duties on Canadian goods.
The WTO and NAFTA has consistently and, as far as I know, unanimously ruled in Canadas favour when Canada has tried to force the US to rescind its’ unfair duties on softwood lumber.
Well, enough Mister nice guy. This trade war has officially started, and in the name of all those people in my hometown and on Vancouver Island who have lost their jobs and livelyhoods because of the import tariffs levelled on Canadian lumber (and paid to American companies) I say…
It’s about time! Next stop… duties on oil, gas, and electricity imports.
What’s really frustrating about all this is that the duties have actually hurt US Consumers trying to buy lumber at their local Home Depot. But as with many things in US politics, the Consumer doesn’t matter… only the Corporation and shareholders.