- Cape man gets 8 years for robbery, his first offense (12/7/16)9
- 3 students in custody for violent threat; no details released (12/9/16)15
- Abuse suspect tries to take cop's gun; officer zaps him with Taser and punches his face (12/7/16)3
- Group seeks to create a neighborhood park on Cape Girardeau's south side (12/7/16)14
- Man sentenced to 103 years for murder of Cape woman (12/6/16)4
- Cape may allow residents to keep chickens; residents at meeting push for measure (12/6/16)34
- Poplar Bluff man accused of enticement, child porn in Scott County sting operation (12/4/16)
- Burglary suspect apprehended inside Jackson garage (12/4/16)
- Company to start recruiting businesses to Jackson, Cape (12/9/16)15
- 13 venues, 60 sponsors participating in Happy Slapowitz's Toy Bash on Thursday (12/7/16)2
Free trade requires fairness on both sides
In another round of new trade tariffs, the U.S. government has targeted imports of softwood lumber from Canada, which supplies up to a third of the lumber used in the United States, mainly for home construction. The move comes on the heels of new tariffs on imported steel, and it bolsters tariffs on Canadian lumber imposed last year.
The reason why a free-trade administration would choose to use tariffs as a trade weapon is simple. Free trade requires that trading partners play fair. Items sold abroad must be sold at a fair market price that represents the cost of production, marketing and shipping.
But the Commerce Department says the Canadian government unfairly subsidizes its lumber producers by charging low fees to cut timber on government-owned land and by allowing producers to sell below cost.
Free trade is not based on buying products from other nations at prices that compete unfairly with U.S. producers. Until our trading partners learn that we are serious about free trade, they can expect to see retaliation in the form of stiff tariffs.