Trump promises NAFTA plan within 2 weeks
President Donald Trump has promised quick action on trade issues with Canada. Trump says NAFTA is a top priority. “We’ll be reporting back sometime over the next two weeks as to NAFTA and what we’re going to do about it, but what happened to our dairy farmers in Wisconsin and New York state, we’re not going to let it happen. We can’t let Canada or anybody else take advantage and do what they did to our workers and to our farmers.”
Canadian Prime Minister Justin Trudeau defended their trade policies Thursday, telling Bloomberg the U.S. has a 400-million dollar dairy surplus with Canada.
Trump criticized Canadian trade during a stop in Wisconsin Tuesday, and again Thursday. “Our farmers in Wisconsin and in New York state are being put out of business, our dairy farmers, and that also includes what’s happening along our northern border states with Canada having to do with lumber and timber.”
Canada’s national dairy ingredients strategy encourages processors to use domestic ultra-filtered milk for cheese and yogurt production at a government-set price that critics say blocks imports. The policy has also been criticized by Australia and New Zealand producers.
Both the U.S. and Canada have said they’re willing to re-open NAFTA, but Canada’s dairy supply management system might be the biggest challenge for negotiators.
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