New year, old trade wars: lumber, dairy disputes set for arbitration - News Summed Up

New year, old trade wars: lumber, dairy disputes set for arbitration


Washington is challenging how Canada regulates 14 categories of dairy imports, such as cream, butter and cheese. Lumber Trade Council, disagrees with the suggestion that Canada's latest request for arbitration is a response to the dairy challenge. The duties on Canadian lumber, Yurkovich said, simply make it easier for other offshore suppliers to gain market share. Dairy import permits offered as compensationU.S. farmers have many beefs with Canada's supply management system, any one of which could trigger future arbitration. A designated share of the import permits must be set aside for "new entrants."


Source: CBC News January 01, 2021 09:00 UTC



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