The Canadian ambassador the U.S. has raised the prospect of adding the softwood lumber agreement as a new chapter for NAFTA. That follows a frustration with delays in reaching a deal – most recently to November 14. However, it would add another layer of complication to an already complex set of NAFTA negotiations. Panjiva data shows U.S. imports fell 16% in July, led by a 25% slump from Canada as Canfor and Tolko among others take a conservative stance to tariff risks. It also resulted in a 78% jump in shipments from elsewhere, but may reverse in the next few months as the process of pos...
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