Wilbur Ross: It’s been a bad week for US-Canada trade relations

As per LiveSquawk report, US Commerce Secretary Wilbur Ross has expressed regret for the worsening of US-Canada trade relations.

Ross said, “It’s been a bad week for US-Canada trade relations”. The comments come after Trump administration said it plans to impose a 20 % tariff on Canadian soft lumber imports.

Key quotes

Canada has already retaliated against US dairy producers for expected US lumber duties

Canada has treated us very unfairly