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Lumber trade war brewing as hope of new Canada-US deal fades

from Bloomberg

A trade dispute between the U.S. and Canada over softwood lumber is escalating, raising the specter of higher tariffs as officials downplay the likelihood of reaching a deal before an October deadline. President Barack Obama and Prime Minister Justin Trudeau directed their governments at a June meeting in Ottawa to push forward and reach accord on the issue, long a thorn in relations, while acknowledging "significant differences" remain. more

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