Trump Slaps Tariffs Up to 24% on Canadian Lumber

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What recent action did President Trump take regarding Canadian softwood lumber?
He removed all tariffs.
He increased subsidies for US lumber.
He signed a free trade agreement.
He announced a 24% tariff.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main accusation against the Canadian government in the lumber dispute?
They are subsidizing lumber by charging too little.
They are refusing to export lumber.
They are importing lumber illegally.
They are overcharging for lumber.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a countervailing duty?
A tax on domestic goods to protect local industries.
A tax on luxury goods to reduce consumption.
A tax on exported goods to increase revenue.
A tax on imported goods to counter subsidies.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What unexpected trade action did the US take against Canada?
Imposing tariffs on automobiles.
Imposing tariffs on steel.
Imposing tariffs on softwood lumber.
Imposing tariffs on dairy products.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What other trade dispute is mentioned between the US and Canada?
Dispute over automobile imports.
Dispute over technology services.
Dispute over dairy products.
Dispute over steel exports.
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