The significant differences remain between U.S. and Canada in negotiations on the new Softwood lumber agreement, according to the countries’ officials. U.S. Trade Representative Michael Froman and Canadian International Trade Minister Chrystia Freeland said in a joint statement that the period of intensive engagement has helped define shared goals and explore options for several key components of any new agreement. "Following this initial 100 days of intensive engagement, the United States and Canada have made significant advances in exploring the key issues and priorities. The United States and Canada are committed to continuing negotiations in an effort to achieve a durable and equitable solution for North American softwood lumber producers, downstream industries and consumers."The softwood lumber industry is important for both the U.S. and
Canadian economies. It supports thousands of jobs in both countries,
downstream benefits in related industries and services, such as a
sustainable housing industry, and economic prosperity in many of communities, said in a statement.The previous softwood lumber agreement has expired in October 2015.
Following initial 100 days of intensive engagement, the United States and Canada have made significant advances in exploring the key issues and priorities, said the the countries’ officials.
