Carney Cites Lumber Tariff Dispute as Another Factor That Derailed US Trade Talks

Prime Minister Mark Carney said that disagreement over lumber tariffs with the United States contributed to the collapse of trade talks on Aug. 21. The two sides have offered conflicting accounts on what led to the failure of the trade talks, which resulted in Washington imposing new tariffs and Ottawa responding with counter-tariffs. The prime [...]

Carney Cites Lumber Tariff Dispute as Another Factor That Derailed US Trade Talks

TL;DR

  • Disagreement over lumber tariffs with the U.S. contributed to trade talk collapse on Aug. 21.
  • Both sides have conflicting accounts of the talks' failure.
  • Washington imposed new tariffs, and Ottawa responded with counter-tariffs.
  • Canada's government sought "real relief" from U.S. tariffs on its forestry sector.
  • Ottawa was unsatisfied with the offers and their durability.