sophisticated. they take years and years of planning. things like nafta should be renegotiated over time. milk and soft wood lumber fell outside of nafta, because america and canada were not able to come to agreements, but they re a sophisticated tool. it s a dispute settling mechanism. they establish hang on one second. we ve got breaking news here. a ruling on paul manafort. he is, in fact, going to jail. ken delaney national reporter outside the courthouse. what s the news? reporter: i m seeing reports. we haven t heard from our producer inside the courtroom, but i m seeing reports the judge in this case has revoked paul manafort s 10 million bail. that means he goes immediately into a cell in this courthouse behind me and onto a county jail. i have to say both pete williams and i reached out to legal experts to ask about the
and the two have a long and occasionally complicated trade relationship. let me talk about it for a second. canada was the united states largest goods export market last year. totaling more than $280 billion. it s also the third largest supplier of u.s. imports, to the tune of $300 billion. which means, yes, we have trade deficit with canada when it comes to goods alone. however, when you consider this is the part that we buy. so however when you consider goods and services, that deficit becomes a surplus of about $8.4 billion. but my two countries you know that i come from dan canada, don t always get along. for instance we have been fighting our current dispute over soft wood lumber for over 30 years. and larger lumber interests having point of contention since the early 19th century. with me a former u.s. ambassador to canada under president obama. ambassador, it is necessary for
so first, were you given any advanced notice of the decision to slap those tariffs on canada. yes, absolutely we were. it s important, fareed, on the softwood lumber dispute to get this in historical perspective and in perspective in terms of the overall trading relationship. softwood lumber is something that canada and the united states have been talking about since the 1880s, so this is not a new discussion between canada and the united states, it s very familiar. it s also soft wood lumber is just 2% of canada s overall export exports in all of the previous disputes, canada has won at every single international tribunal, we won
as confrontational as he was over soft wood lumber which is an issue that s been around forever, but at the end of the day the president decided to stay inside of nafta. so, all things being equal, it all ended better than it began with mr. trudeau, but still the fact that this relationship now has this kind of edginess to it is just something no one ever saw coming. all right. it s always edgy with north korea and kim jong-un. your thoughts on that? that s the most serious national security challenge facing us. this is not one that s being generated by mr. trump. this is one that s found its way into his inbox. it would have been the same thing, by the way, had hillary clinton been president. but the idea that north korea, which is churning out nuclear weapons now at an alarming rate, will soon be able to shrink them and put them on missiles that can reach the continental united states that rightfully has you re attention. and here actually i think the administration has done a go