U.S., Canada won't reach lumber deal before litigation standstill expires

A high-level meeting this week between U.S. Trade Representative Michael Froman and Canadian Minister of International Trade Chrystia Freeland, as well as Canadian lumber executives, did not yield sufficient progress in the talks on a new softwood lumber agreement to prevent the U.S. industry from bringing trade cases as early as next week. Sources said the Oct. 5 meeting in Toronto – held exactly a week before the expiration of a one-year peace period in which the U.S. industry agreed...