Ross has reportedly “lied” about the "more than $2 billion" for more than a decade in order to be placed on the Forbes 400 and help “bolster his standing in a way that translated into business opportunities.”

Prime Minister Justin Trudeau and U.S. President Donald Trump spoke over the telephone Tuesday evening to discuss the brewing trade disputes between their two countries. Trudeau told his American counterpart that “Canada will vigorously defend the interests of the Canadian softwood lumber industry,” according to a release from his office. READ MORE: Donald Trump says...

U.S. Commerce Sec. Wilbur Ross blasted Canada in the ongoing softwood-lumber dispute accusing Canada of dumping lumber.

President Donald Trump told reporters to expect a 20 per cent tariff on softwood lumber going into the U.S. from Canada.

The Donald Trump administration is expected to announce countervailing duties on Canadian softwood lumber Tuesday.