Canada warns it might strike back against U.S. over tariffs

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Upset about President Trump slapping a 20 percent tariff on lumber imports from Canada, Prime Minister Justin Trudeau said on Friday that he’s considering banning U.S. thermal coal shipments from going through their ports.

“The Government of Canada is considering this request carefully and seriously. I have asked federal trade officials to further examine the request to inform our government’s next steps,” Trudeau wrote in a letter to British Columbia Premier Christy Clark. “We disagree strongly with the U.S. Department of Commerce’s decision to impose an unfair and punitive duty on Canadian softwood lumber products.”

U.S. Commerce Secretary Wilbur Ross called Trudeau’s threat “inappropriate,” stating, “We continue to believe that a negotiated settlement is in the best interests of all parties.”

Learning that Canada unfairly subsidizes lumber producers caused the Trump administration to impose the tax, and Canadian dairy producers face the same issue because of subsidies they receive. The situation led Trump to threaten withdrawing from the North American Free Trade Agreement (NAFTA).

It’s also been reported that Trudeau has been considering taking trade actions against companies in Oregon.

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