Canada Farmers Doubt Trudeau's Aid Pledge Will Cover Dairy Loss

Canada Farmers Doubt Trudeau's Aid Pledge Will Cover Dairy Loss

Canada Farmers Doubt Trudeau's Aid Pledge Will Cover Dairy Loss

"The prime minister had made it clear that he would support dairy, particularly within supply management, but particularly dairy".

The deal will preserve a trade dispute settlement mechanism that Canada fought hard to maintain to protect its lumber industry and other sectors from U.S. anti-dumping tariffs, United States and Canadian officials said. “USMCA will include the development of new safeguards to prevent major export increases for certain dairy products.”.

"The biggest victor from the USMCA will be Wisconsin dairy farmers - a key component of our state's economy", said Kurt Bauer, president and CEO of Wisconsin Manufacturers and Commerce.

As the clock approached midnight Sunday, word began to spread that Canada was ready to sign on the dotted line of the new trade agreement with the USA and Mexico. It will still put tariffs on dairy products that exceed the quotas, ranging from 200% to 300%.

It gives struggling farms like Robbiehill Dairy in Java Center a chance to profit from milk supplies idled by the restriction. "We don't require government subsidies, so we don't know why we should be allow more market access of a subsidized product into our market".

"At the end of the day, this is not a trivial thing".

Bickford said dairy in ME is a $500 million per year industry.

The Canadian dairy market produced roughly 17% of what the United States did each year over the past three years, according to U.S. government data.

Canada also secured dairy concessions.

Yesterday (1 October) trade body the Dairy Farmers of Canada (DFC) said the industry had been used as a "bargaining chip" in the talks.

"Doesn't seem like a very good deal for a lot of people in Canada right now".

Canada has agreed to provide U.S. dairy farmers access to about 3.5 per cent of its approximately $16 billion annual domestic dairy market. The Canadian Class 7 pricing system, a long-time stumbling block, will be eliminated. They were still reviewing the text to better understand the impact.

The United Steelworker's Canadian branch president Ken Neuman, however, called the deal a "sellout" for failing to eliminate 25 per cent steel and 10 per cent aluminum tariffs imposed in June by the Trump administration.

"With this deal, we have secured our continued access to the largest market in the world and to the market that accounts for around 70 per cent of our exports", she said.

"We're all happy NAFTA negotiations have concluded". U.S. Rep. Elise M. Stefanik, R-Willsboro, praised negotiators from both nations for coming up with a plan to open Canadian markets to U.S. producers.

The concessions are the latest Canada has made to secure trade pacts that have eroded a system of dairy production quotas and tariffs created to support prices.

USA and Canadian negotiators on Sunday reached a tentative trade deal, following an earlier deal between the United States and Mexico, that preserves a trilateral pact between the three North American countries, newly named the United-States-Mexico-Canada Agreement (USMCA).

Canada also limits domestic milk production, keeping prices higher.

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