The Globe and Mail reports in its Thursday edition that president-elect Donald Trump is eyeing North American free trade agreement partner Canada.
A Globe editorial says a Trump transition team memo, leaked to CNN, has specifically
targeted two issues key to Canada: softwood lumber and country-of-origin labelling of meat.
Mr. Trump apparently intends to order the U.S. Commerce Department
and International Trade Commission to study what
abandoning NAFTA would mean. The memo speaks ominously of
an entire renegotiation of NAFTA, or even termination.
In the matter of softwood lumber, Mr. Trump's people
may have a point. The provincial Crown of B.C. has a pattern of trying
to sell wood destined for the U.S. at what seem to be artificially
low rates, undercutting the U.S. industry. It would be good to be
free of the repetitive ritual dance of softwood lumber disputes, a
chronic condition that breaks out every time there is an election in
a northern American state with a powerful forestry lobby.
Prime Minister Justin Trudeau was right to tell Mr. Trump last
week that Canada is open to some revision of NAFTA. Mr. Trump, however, should be reminded that NAFTA as a whole is as
mutually beneficial as ever.
© 2024 Canjex Publishing Ltd. All rights reserved.