If the estimates from the Commerce Department are accurate, Canada is currently subsidizing the sales of more than a half dozen different Canadian lumber companies at rates of anywhere from 12 to 24 percent. As soon as they start doing that, their companies are able to begin selling their products at rates which are significantly below the break even, profitability point without suffering the consequences of doing so which would afflict any company attempting it in a true free market scenario. That means they can undercut American lumber companies, costing us business and jobs.
That may sound like “free trade” to you, but it’s hardly anything approaching a fair deal from a nation which is ostensibly our reliable ally and trading partner. We run into the same thing in other friendly nations like France, where they massively subsidize their steel industry. It’s tricks like these from governments with no core beliefs in the free market which have hollowed out American manufacturing, textiles and raw materials development for decades.