Posts

Showing posts with the label Trade

The Great American Trade War of 2025

Upon his inauguration as president of the United States, Donald Trump announced several changes being planned for his country including large tariffs on imported goods and the dismantling of many current global trade agreements. Amid growing concern with the trade war in the United States of America, countries around the globe are scrambling to find alternative resources and emphasizing the importance of current resource trading agreements. In January of 2025, it was reported by CBC News that Donald Trump felt that the United States does not need anything imported from Canada including lumber, oil, and gas ( CBC News, 2025 ).   While the United States does contain a large number of forests, a significant portion of softwood lumber is imported from Canada. According to Natural Resources Canada, "In 2020, Canada was the second largest producer of softwood lumber globally" and exported over 50% of this wood to the United States ( Natural Resources Canada, 2025 ). Softwoo...