Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Hazloc Heaters
Vista Projects
Copper Tip Energy Services
Vista Projects
Hazloc Heaters
Copper Tip Energy


Canada to Face U.S. Trade Problems even if NAFTA is Signed – Ottawa


These translations are done via Google Translate

OTTAWA, February 13, 2018 (Reuters) – Trade challenges from U.S. firms will continue to cause turbulence for Canada even if talks to modernize NAFTA are successful, a senior Canadian government official said on Tuesday.

Canada sends 75 percent of its goods exports to the United States and is vulnerable to what Ottawa complains is increasing U.S. protectionism since President Donald Trump took power in January 2017.

Talks to update the North American Free Trade Agreement are moving slowly as Canada and Mexico seek to address a series of radical U.S. demands for change. The negotiations were supposed to wrap up by end-March look set to overrun by months.

“Even if a new NAFTA were to be signed tomorrow I think we would still face a lot of turbulence in our relationship with the United States on trade,” said Timothy Sargent, the top bureaucrat in Canada’s Trade Ministry.

Sargent, speaking to an Ottawa conference organized by the Canadian Global Affairs Institute, noted recent U.S. moves to impose duties on Canadian softwood lumber, commercial airliners and some paper products. All were prompted by complaints from American firms.

Sargent also cited Trump’s recent move to place duties on imports of solar panels.

ROO.AI Oil and Gas Field Service Software
GLJ

“I think we can expect more of that,” he said. “The way the U.S. system is set up (makes) it very easy for businesses that think they face challenges to go and get countervail or antidumping actions. So I think there are very big challenges for Canada.”

Steve Verheul, Canada’s chief NAFTA negotiator, is due to address the conference later on Tuesday.

Last December Canada launched a wide-ranging trade complaint against the United States at the World Trade Organization, challenging Washington’s use of anti-dumping and anti-subsidy duties.

U.S. Trade Representative Robert Lighthizer, speaking at the end of the most recent NAFTA talks in Montreal last month, called the move “unprecedented, imprudent, even spiteful.”

(Reporting by David Ljunggren; Editing by Bill Trott)

Share This:




More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE