Still 'Significant' Differences Between US and Canadian Positions on Softwood Lumber
“Significant differences” remain between the U.S. and Canada on how to solve the Softwood Lumber Agreement, after the deal expired Oct. 12, but the tension during ongoing negotiations has helped the countries find common ground and "explore options" for "several…
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key components" of any new lumber deal, U.S. Trade Representative Michael Froman and Canada's Minister of International Trade Chrystia Freeland said in a joint statement (here). "The United States and Canada are committed to continuing negotiations in an effort to achieve a durable and equitable solution for North American softwood lumber producers, downstream industries and consumers," the statement says. U.S. and Canadian officials have had government-to-government sessions, as well as meetings with stakeholders, members of the countries' legislatures, and state and provincial governments, to try to resolve the issue. On March 10, the White House announced that President Barack Obama and Canadian Prime Minister Justin Trudeau tasked their countries' trade ministers with exploring potential paths forward for any softwood lumber agreement, and to report back to them within 100 days on their findings (see 1603300040).