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OnlinePoker

(5,729 posts)
Thu Aug 24, 2017, 08:53 PM Aug 2017

Trump has to keep his Russian buddies happy.

Russian lumber industry benefiting from Canada-U.S. trade dispute

Russia has emerged as one of the winners from the trade dispute between Canada and the U.S over lumber.

The U.S. is importing more softwood lumber from overseas after it slapped tariffs on Canadian supplies, making them more expensive. Russian shipments are 42 per cent higher so far in 2017, according to U.S. government data.

To be sure, Russia accounts for a relatively small proportion of the total, while European countries such as Germany and Sweden are among the biggest suppliers to the U.S. But the shift in volumes illustrate how a political spat has quickly altered the flow of international trade.

https://www.theglobeandmail.com/report-on-business/us-houses-are-using-more-russian-lumber-thanks-to-canada-spat/article36039527/

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