US links steel tariff to NAFTA, pushes for quick deal given US midterms

March 6, 2018
Category: Today's Takeaway

In response to Trump’s threat to use steel tariffs to force a quick NAFTA deal, Trudeau registered his serious concern in a phone call last evening. Adding to the unprecidented urgency—according to trade czar Lighthizer—are the US midterm elections and legally required consultations, which means a deal must be struck within weeks. Related commentary: why the tariffs impact multifamily construction most; and Minister Freeland sharpens her tongue.

Companies in the news include: Canfor (two top employer awards); Canfor Pulp (a leadership change); Weyerhaeuser (revenue growth); Tolko (MOU with First Nations); and IWI (Bonfield sawmill to be built).

In other news: Canada’s environment minister says “we’re all in” on climate targets despite emissions gap; SFI announces conservation grants that support sustainable forestry; New Zealand moves to protect the world’s most evolutionarily distinct frog and Greenpeace wants us to protect forests by eating less meat and dairy

Finally, the Softwood Lumber Board released its 2017 Annual Report. Impressive demand gains yet again!

–Kelly McCloskey, Tree Frog Editor

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