Saturday, 23 September, 2017

Trump vows to back US dairy farmers in Canada trade spat

Dairy farmers worry about trade to Mexico Senators Push Back On Canadian Trade Policy
Howard Terry | 19 April, 2017, 01:30

About 70 dairy producers in both Wisconsin and NY are affected by the decision.

Canada's dairy industry is officially on U.S. President Donald Trump's radar.

Schumer was in Watertown Friday and had this to say and commented on the problem.

"If these multi-generational farm families can not find another market for their milk, they will be forced to sell their cows and go out of business", New York Agriculture Commissioner Richard Ball wrote in a letter to the U.S. Department of Agriculture last week.

The Senators have written to the Trump administration as well as to the Acting U.S. Trade Representative and Acting Ag Secretary about the milk pricing problem. Tammy Baldwin from Wisconsin, another big dairy state, sent a letter to top USA officials about the issue last week.

Trump also reiterated his threat to eliminate the North American Free Trade Agreement with Canada and Mexico if it can not be changed.

Senior finance officials who briefed reporters on the meetings suggest the order would run counter to protections Canada has secured through NAFTA.

"We appreciate your administration's work to date on this issue and ask you to send a very clear message that Canada should be one of America's most reliable trading partners, but in the case of dairy it has consistently chosen to pursue a disturbing and harmful path", they said.

The Montreal Economic Institute recommends limiting protectionism in both industries to help consumers, spur economic productivity, and ultimately create more successful businesses in both countries.

Morneau and US counterpart Treasury Secretary Steven Mnuchin will be in Washington on Thursday for meetings that will include central bank governors and officials from the International Monetary Fund and World Bank. Dismantling it would mean lower prices at the supermarket, and a more internationally competitive industry, says the paper.

But while the president is accusing Canada's dairy industry of being unfair to its USA counterpart, some in the Canadian industry say it's nothing more than words.

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