Canada launches international trade complaint with WTO against the US

By zaymalz malz
Share

With relations between the US and Canada having taken a downhill turn since the inauguration of US President Donald Trump, tensions that have continually arisen over ongoing trade disagreements have now come to a head.

It has been revealed that Canada has filed an extensive complaint against the US with the World Trade Organisation (WTO), accusing the country of breaking international trade rules.

See also:

The 32-page complaint cites approximately 200 examples of US wrongdoing, whereby Canada questions Washington’s use of anti-dumping and anti-subsidy duties with a number of the country’s trade partners including China, India, Brazil and several European nations.

The complaints come in the wake of a number of trade disputes between the two nations, most namely after the US placed duties on Canadian softwood lumber imports.

"We continue to engage our American counterparts to encourage them to come to a durable negotiated agreement on softwood lumber," said Canada’s Minister of Foreign Affairs, Chrystia Freeland.

Further, tensions have also become significant between the two countries after the US Department of Commerce upheld a 300% tariff on Bombardier’s CSeries jets.

The move is Canada’s latest attempt to try and push back against such pressures from the US, with a number of Canadian industries having become threatened by such duties.

Share

Featured Articles

Best US Cities To Grow Your Multinational Company

You’re ready to grow your business, expand to other regions and take on new clients. To compete with some of the biggest, most successful companies out the

Why Germany’s economy is sliding into recession - Bloomberg

Germany faces a flat 2024 having slipped into recession. Why is Germany at risk of becoming ‘the sick man of Europe’ and what does it mean for its CEOs?

UK Entrepreneurs Ratchet Up Selling Off Their Businesses

British business owners spooked by impending tax hikes accelerate plans to sell off their businesses, as executives of UK-listed companies dump shares

UK Employment Rights Bill - What It Means for Your Business

Human Capital

Q&A: Former Novartis CEO Daniel Vasella - McKinsey

Leadership & Strategy

Share of Population Who are Millionaires to Drop by 20%

Corporate Finance