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US Trade Relations May Now All Be Patterned After The Revised NAFTA
05 October 2018, 11:53 | Joann Bryant
Maritime dairy farmers say they've been sacrificed
The vice president said a senior American intelligence official told him "what the Russians are doing pales in comparison to what China is doing across this country".
As reported by expressnews.com, the fate of USMCA is far from certain.
KIRWAN: The average dairy farm has struggled to make a profit for years. "Canada's closed and supply-controlled system had embarked on a program that essentially dumped milk proteins on world markets and moved American dairy farming and processing jobs, along with thousands of additional high-quality jobs, from the U.S.to Canada". A previous Canadian policy, the Class 7 milk policy, restricted dairy imports and made it cheaper for Canadian processors to purchase domestic dairy products. The ad, which was created to look like part of a series of news stories, criticized Trump's trade approach and said it hurt local farmers.
In Canada's last three global trade deals - CETA with Europe, the CPTPP with Asia-Pacific countries and now USMCA - the dairy market has been made increasingly accessible to worldwide trade.
Concern for Ontario dairy farmers was also on the mind of Premier Doug Ford.
"Policymakers in Beijing will be sceptical that any deal that China puts on the table short of outright surrender on core issues - will be enough to blunt this push from the United States".
The last part of the new trade agreement between the United States, Mexico and Canada was finalized September 31.
"The dairy sector finds itself in a much weaker position, with no apparent plan or support", Dalhousie University professor Sylvain Charlebois wrote in an article this week for the Atlantic Institute for Market Studies.
Roland Paris, a former foreign policy adviser to Trudeau, expressed relief that the deal is done but anxious about the long-term relationship between the two countries.
"Dairy farmers across the country have faced challenges with those trade deals".
He believes the industry could emerge at least as strong over the long run following a period of restructuring and consolidation.
So, after almost a quarter of a century, the North American Free Trade Agreement (NAFTA) is officially dead and is replaced by the United States-Mexico-Canada Agreement (USMCA) to the delight of Trump who repeatedly called NAFTA "the worst deal ever".
The USDA would also gain some limited access to Canadian dairy markets they had previously not been able to access, Ryan added.
You could say it's a glass half full situation for USA farmers.
"If they see a demand for their milk, we could see an uptick in cottonseed prices", explained Newby.
With the approaching midterm elections of the US Congress, you can only imagine the enthusiasm of the working class and popular bases of the Republican Party in the most rundown cities in the US. "We've blinked once, why wouldn't we blink again?"
"It sure seems that the Americans and Donald Trump are more interested in looking after agriculture in their industry than the Canadian government is looking after, particularly the dairy industry in Canada", said Haasen.
But I think now that Canada has maintained and preserved its access to the United States as well as now having better access to the Pacific because of our membership in the Comprehensive and Progressive Trans-Pacific Partnership and to Europe through the Comprehensive Economic Trade Agreement that puts Canada in, I think, a quite enviable position. "All of these little amounts add up to a significant chunk of the market place".
Trump said last week he didn't like Canada's trade negotiator in an apparent reference to Freeland.
For that reason, Trudeau's statement contains some baloney.
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