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Donald Trump has ordered an investigation into the US wooden market, which has created the industry to join the widening basket of products for the global trade war in Washington.
On Saturday, the President directed the Department of Trade that the import of wood and wood products was damaging in such a way that the Copper industry had become risky for the US national protection a few days after the order was ordered.
If the investigation found evidence of dumping, the President may impose revenge for quota and tariffs. In Canada, the largest source of US wood imports so far, will be the most affected.
“Obviously, something is going on here. We know that there are a lot of subsidies with these exporters who are taking advantage of our market, “a White House official said before the order.
“But it’s up to [Commerce] Secretary Howard Lutnik Come back to the President to investigate it and with a report. ”
In Canada’s wooden imports, already about 1.5 percent of the tariff, the declaration has identified the first formal action on the industry to draw the industry into the World Trade War. Any new tariff will be in addition to pre-existing Canadian tariffs.
It is on the eve of the 25 percent tariff launched in Canada and Mexico next week, the Trump is more than 10 percent of Chinese imports due to the pressure on US business partners.
The President also tried to notice specific industries where he argued that imports were eroding domestic industry. He is about to impose 25 percent tariffs on steel and aluminum imports since March 12 after a similar investigation of the sector in his first term.
Tuesday he Investigation In the import of copper, sparking fears that the metal will be on the next sector.
There is a long -standing dispute in the United States with Canada in wood imports. It imported about 34 million cubic feet of soft wood wood in 2021. Most of this – more than 28 million ck feet – from Canada. The next largest, Germany and Sweden, connects less than 3.5mn Q Foot.
Forests are big business for Canada. In 2022, the sector contributed to C. $ 33.4 billion or about 1.2 percent to real GDP. According to official data, the cost of export of forest products in Canada in the same year was determined by C $ 45.6 billion, the majority in the United States.
British Columbia province, where the Canadian forest industry has a high density of companies, as well as companies spent decades in the court to fight against US tariffs and anti-dumping tariffs.
The US Lamber Industry case has launched the most recent round of the case in 2016, the Commerce Department “Canada’s wood has been unjustly subsidized and thrown into the US market,” accordingly, “. Statement From the BC government.
This dispute depends on the practice of wood source from the Crown Land of the Canadian forest industry, or the parks operated by the province, so the cost of production and administration is lower than the forest companies in the United States.
Since becoming president, Trump has repeatedly raised the matter and threatened the tariff on wood imports.
President of the Forest Products Association of Canada, Derek Nighba, said any increase in wood on wood will damage both sides of the border and seeking affordable housing American families.
“We should concentrate on strengthening our competitive benefits, creating a more affordable housing, working together to worse the risk of wild fire and bringing more North American wood in the world,” he said in a statement last month.
However, Andrew Miller, owner of Simpson Lamber and chairman of the US Lamber Coalition, says: “Canada’s wrong trade comes at the direct cost of US agencies and workers.”
