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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 73,902,078
Close 2018-06-08 C$ 96.00
Market Cap C$ 7,094,599,488
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Globe says Interfor, others watch Trump play the bully

2018-06-11 09:14 ET - In the News

See In the News (C-IFP) Interfor Corp

The Globe and Mail reports in its Monday edition that Prime Minister Justin Trudeau, in a post-G7-summit news conference, reaffirmed Canada would impose retaliatory tariffs on the United States on July 1. A Globe editorial says the PM also called the American tariffs on Canadian steel and aluminum "insulting." The Globe calls the PM's comment "accurate" given the U.S. is imposing the tariffs on the grounds of national security. What the vain and delicate Mr. Trump apparently expected Mr. Trudeau to say was that the summit was a success due entirely to the President's generous participation, and that a grateful Canada would no longer retaliate against his unjustified tariffs. Instead, the PM stood up for Canadian interests, and against Mr. Trump's wanton unreliability as a trading partner and ally. Hence Mr. Trump's outrage and amateurish name-calling. The Globe says relations between the U.S. and Canada are now at a perilous low and that the fault rests entirely with Mr. Trump and his advisers. It says Ottawa and Canadians in general have been patient with Mr. Trump and his protectionist agenda. The Globe says Mr. Trump will learn we will not roll over at the request of an insulting bully, no matter how big.

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