Canada’s Freeland Urges U.S. to ‘Be Nice to Your Clients’

The video discusses the new tariff on lumber and the ongoing softwood lumber dispute between Canada and the US, known as Lumber 5. The Canadian position has been upheld in courts, and negotiations continue for a quick settlement. The video also highlights the role of Ivanka Trump in trade discussions and initiatives to empower women in business. The importance of NAFTA and the strong economic relationship between Canada and the US are emphasized.

What is the main reason Canada is confident about winning the lumber dispute?

• Canada has always been upheld in court in past disputes.

• Lumber prices are low in Canada.

• The U.S. economy is dependent on Canadian lumber.

• The U.S. has never won a trade dispute.

How have high lumber prices affected the U.S. economy?

• They have led to a surplus of lumber in the market.

• They have increased the average price of homes.

• They have made it easier for middle-class Americans to buy homes.

• They have decreased the cost of building homes.

What is Ivanka Trump's primary focus in her discussions with Canada?

• Improving U.S.-Canada relations

• Reducing lumber tariffs

• Empowering women in business

• Renegotiating NAFTA

Who is the main U.S. official responsible for trade discussions with Canada?

• Ivanka Trump

• Justin Trudeau

• Wilbur Ross

• Angela Merkel

What is the significance of the Canada-U.S. trade relationship?

• Canada is the second-largest trade partner of the U.S.

• Canada imports more from Europe than from the U.S.

• Canada exports more to China than to the U.S.

• Canada is the largest trade partner of the U.S.

What does the speaker suggest about the U.S. relationship with Canada?

• The U.S. should prioritize trade with Europe.

• The U.S. should reduce its trade with Canada.

• The U.S. should maintain a strong relationship with Canada.

• The U.S. should focus more on its relationship with China.

What is the potential impact of renegotiating NAFTA according to the speaker?

• It could lead to higher tariffs on Canadian goods.

• It could reduce trade between the U.S. and Mexico.

• It could strengthen the U.S.-Canada trade relationship.

• It could weaken the U.S.-Canada trade relationship.