Despite months of discussions and "a dozen face-to-face meetings and numberous teleconferences," the United States and Canada have been unable to strike a new softwood lumber deal, writes Aaron Wherry for CBC News.
The last softwood lumber agreement lapsed in October and since then, President Obama, Canadian Prime Minister Justin Trudeau and their officials have been working to strike a new deal that satisfies both nations.
Wherry writes that in a presentation Aug. 18 to the Canadian House of Commons, Martin Moen, a Canadian Gloal Affairs official, addressed some of the issues the country seems to be having:
...The two sides have yet to agree on the structure and details of market share, appropriate exclusions, the treatment of high-value products, anti-circumvention provisions and joint market development.
Moen also said there will be another meeting held Aug. 25 to further discuss the softwood lumber agreement.
"Canadian stakeholders continue to tell us, very clearly, that no deal is better than a bad deal," Moen explained. "So we need to be prepared for the possibility that a new agreement may not be concluded and that Canada will be forced back, potentially, this is a risk, into a trade risk investigation and then any litigation that we choose following that."