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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: tradermike_1999 who started this subject10/28/2002 6:39:44 PM
From: Hugh A  Read Replies (1) of 74559
 
Canadian's benefit from tariffs?

Here is an interesting perspective on the effect of duty on Canadian softwood lumber exports to the US.

Lumber duties not helping in U.S.

nationalpost.com{451E9CC1-587C-4879-8FEF-BBA5A4CE4643}

Basically, 27% duty has forced inefficient Canadian sawmills to shut down or consolidate so that only highly productive mills remain competitive. US mills are still uncompetitive. From a Canadian perspective this reminds me of the saying "That which doesn't kill me makes me stronger."

This begs the question as to what will be the effect when the US (inevitably) raises tariffs against Chinese imports. The only solution I can see is to make sure that W3C's wants include a big house and one or two SUV's. Not now, but soon?

Hugh
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