ibusinesslines.com
ibusinesslines.com September 26, 2018


Canada Launches Trade Dispute Against US in WTO, Washington Strikes Back

12 January 2018, 11:12 | Kelvin Horton

Canada Launches Trade Dispute Against US in WTO, Washington Strikes Back

Canada Launches Trade Dispute Against US in WTO, Washington Strikes Back

U.S. Trade Representative Robert Lighthizer, seen here December 11, called Canada's request on Wednesday "a broad and ill-advised attack on the U.S. trade remedies system".

"These rates tabled lby the US on uncoated groundwood paper represent the third action that stands to hurt hard working men and women in our mill communities across Canada", says Derek Nighbor, CEO, Forest Products Association of Canada.

Almost half the cases the Trudeau government is championing in its WTO filing are instances in which the United States has penalized shipments from China that it considers subsidized or dumped at below-cost prices.

A wide-ranging trade complaint has been filed by Canada against the United States, accusing it of breaking global trade rules. We know that when unbiased entities review these unfair trade practices, they have found in Canada's favour.

"Canada is acting against its own workers' and businesses' interests", he said.

This decision appears even more fraught given the USA administration's critical stance on the WTO; the Trump administration feels as if world trade rules are stacked against them.

"Canada's claims are unfounded and could only lower US confidence that Canada is committed to mutually beneficial trade", Lighthizer said.


On Tuesday, Commerce Secretary Wilbur Ross announced that Washington would impose countervailing duties of between 6 and 10 percent on uncoated groundwood Canadian paper.

Critics have accused the Trump administration of wanting to hobble the WTO.

"The WTO was set up for the benefit [of] everybody but us".

The Canadian move is "bold for sure and slightly risky", said Christopher Sands, director of the Center for Canadian Studies at Johns Hopkins University in Baltimore. "In the past Canada has filed one-off cases in relation to a specific product or dispute such as softwood lumber". Sands, who said the move may have come because Canadian trade negotiators and politicians believe the strategy of playing nice with the Trump administration has not paid dividends.

Canada's $65-billion-a-year forest products industry represents 2 per cent of the country's Gross Domestic Product and is one of Canada's largest employers, operating in over 600 communities, providing 230,000 direct jobs, and 1 million indirect jobs across the country.

"This isn't going to calm passions in Montreal", Warner said.

WASHINGTON-Canada has launched a wide-ranging attack against American trade practices in a broad worldwide complaint over that country's use of punitive duties-a move the United States is calling "broad and ill-advised". The Canadian government is preparing for the possibility that Trump will withdraw from NAFTA, senior officials say, though they aren't entirely convinced that he will. Canada is bracing for the possibility Mr. Trump will trigger a withdrawal in the coming weeks. Such notice would not automatically mean a withdrawal: It would only give the United States the option to pull out after the six-month period elapses.



Other News

Trending Now

Countries enforce sanctions to cut off North Korea's cash flow
The North's Bureau of Political Security which controls the North Korean military was also blacklisted by the European country. North Korea might need to be stopped by other methods than economic sanctions, Dr Andy Jackson warned.

No resource spared to improve hospital overcrowding - Harris
She said that under HSE policy, the joint chairpersons of the Emergency Department Task Force must be notified in advance of this. In Dr Susan O'Reilly's plan, these two hospitals are supposed to take patients from Portlaoise if it is downgraded.

Intel's CEO says no attacks from major flaws
Krzanich unveiled Intel's first autonomous vehicle in its 100-car test fleet, the company said in a statement. It will also include Steve Smith, an Intel vice president and general manager of its engineering group.

WWE Rumors Roundup for Week of January 11 Ahead of Royal Rumble
The women's Rumble is set to consist of 30 competitors, just like the men's, but there aren't 30 females now on the main roster. Jinder Mahal with the victor going on to the finals at the Royal Rumble pay-per-view, against the victor of Roode vs.

Thursday was Delhi's coldest day of season
Around 14 trains were cancelled, 60 delayed and 18 rescheduled due to the thick fog in several parts of the northern India . The intensity of fog reduced in the capital Wednesday, after two days of dense fog in the morning.

23 civilians killed near Damascus, mainly from Russian air strike
Last month, Russian Federation announced it was withdrawing the bulk of its forces from Syria after it had been fully liberated of Daesh elements.

Colorado Deputy Fatally Shot, 4 Others Injured, While Responding To Domestic Disturbance
A law enforcement motorcade accompanied the fallen officer from a hospital in nearby Littleton to the coroner's office on Sunday . Residents in the area were put on " code red " alert and told to stay inside away from windows during the incident.