Report
Charles Gross
EUR 147.86 For Business Accounts Only

Trump's Presidential Win Leads to Sustained Lumber Trade Uncertainty

As President-elect Donald Trump rolls out more concrete trade policy, we expect increased lumber trade uncertainty to carry into 2017. In our base case, we assume that the tiered tariff system introduced under the recently lapsed Softwood Lumber Agreement, or SLA, persists under a new arrangement. Given our bullish outlook, a tiered system lowers taxes at high prices and implies no meaningful tax burden for Canadian lumber companies. Without clear insight into Trump's trade agenda, our outlook i...
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Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Gross

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