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Trump, Trade, and Tariffs
A flurry of news releases last week from many sources have started to shed light on the economic effects of these ongoing, expanding, rounds of tariffs started by the USA between increasing numbers of countries. Trade Barriers and Confusion are Wreaking Havoc for Manufacturers GRAPH CREDIT: [AFP via Straits Times] Just Friday a new flurry…
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US Manufacturing and Non-Manufacturing Index: June 2018
The US ISM manufacturing index, released Monday by the Institute for Supply Management: June 2018 Manufacturing ISM® Report On Business®, indicated expansion in June. The PMI was at 60.2% in June, up from 58.7% in May. The employment index was at 56.0%, down from 56.3% last month, and the new orders index was at 63.5%,…
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Canada Recent Tariff Statistics
Explained Statistics Canada Wednesday last week: On June 1, 2018, the United States implemented additional tariffs on selected Canadian steel and aluminum products exported to the United States. The additional tariff rates are 25% and 10% respectively. According to Statistics Canada’s international merchandise trade customs-based data, in 2017, the export value of aluminum products that are subject to the 10% rate…
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Madison’s Next Generation: Still 100% Canadian Owned
Hello to Madison’s valued subscribers and contacts alike: Yesterday we emailed all users their own logins to the new Madison’s Lumber Price data tool via Forest2Market. Please watch your inboxes for this exciting announcement. You will be able to start using the tool right away, and on Friday morning will see it updated with the latest price…
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Huge Correction on the Softwood Lumber Futures Board, Cash Might Be Wallowing
A huge sell-off of futures this week took no one by surprise, then on Thursday a reversal to positive trades brought settlement this week to approximately US$555 but on minimal volume. In cash, prices wallowed at close to last week’s levels, with significant adjustments on some specific items as price sheets stabilized. The long-awaited…
