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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (29084)	4/25/2017 9:19:24 AM
From: Goose94	Read Replies (1) of 202441

Canada should stand up to the plate and jack-up American's Hydro Rates. Trade war of words escalates between Canada, Trump. The escalating trade war of words with the United States takes centre stage on BNN today. The U.S. Department of Commerce has made its preliminary decision on duties that will be slapped on Canadian softwood lumber exports, setting the level at a weighted average of 20 per cent. The ruling isn’t as harsh as pessimists had feared, Scotia says. “Although this determination should be a pleasant surprise for some who had espoused draconian scenarios of 30-50 per cent, it is pretty much in line with the 20 per cent duty we were assuming.” Meanwhile, the U.S. President Donald Trump’s administration continues to criticize Canada on the trade front and disparage the North American Free Trade Agreement. Commerce Secretary Wilbur Ross says the current dispute over U.S. ultra-filtered milk exports is a case of Canada "already retaliating" against the United States ahead of the lumber duties. From BNN.ca

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