Economics

Forget Nafta. The Trade War With Canada Has Already Started

U.S. investigating 11% of imports, including lumber and planes
Chapter 19 impasse set to deepen with Montreal talks underway

Peterson Institute Senior Fellow Monica De Bolle says President Trump may be stepping up trade wars.(Source: Bloomberg)

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By Chris Fournier

January 25, 2018 at 10:00 AM UTC

This article is for subscribers only.

Prime Minister Justin Trudeau is preparing for the possibility the U.S. may pull out of Nafta. For Canadian companies, the trade skirmish has already begun.

Recent sanctions against planemaker Bombardier Inc. and softwood lumber producers including West Fraser Timber Co. and Canfor Corp., as well as investigations into steel, aluminum and other industries threaten to make Canada one of the U.S.’s most-penalized trading partners.