Dairy farmers slam new trade deal

Dairy farmers slam new trade deal”

America's free trade pact with Mexico and Canada may be alive, but the same can't be said for the NAFTA moniker.

British Columbia's wine and dairy industries received the news of the new trade deal with the US and Mexico with much chagrin.

The President held the press conference after earlier issuing tweets claiming the new trade pact solves the "deficiencies and mistakes" in Nafta.

As others have written since then, this early opposition to trade would only get wider and deeper for Trump, leading to his fierce feelings against NAFTA and, eventually, the emergence of this new deal. Canadian, U.S. and Mexican politicians have been negotiating for months over what to keep, what to lose and what to compromise within the agreement, which oversees all trade relations between the three countries. As for how one should say the name, Trump didn't read it as a word a la NAFTA but spelled the letters out: U-S-M-C-A.

Details on the deal remained sparse, but USA administration officials say it provides increased access to Canada's dairy market for US producers and limits the American impact on Canada's controversial supply management system for dairy and poultry products.

The new agreement made big changes for auto manufacturers in hopes of ensuring more of those products are made in North America.

The agreement, reached on Sunday night, protects Canada's automotive industry from potentially devastating USA tariffs, but includes no assurance that Washington will lift punitive measures it imposed on Canadian and Mexican steel and aluminum in June. For example, it opens up about 3.5% of Canada's protected dairy market to U.S. farmers and allows Canadians to purchase five times the amount of foreign products online without paying an additional import tax.

The access to Canada's dairy market will closely mirror what was given under recently negotiated agreements between Canada and the European Union and a separate one with Pacific countries, the Canadian official said.

"There were moments that were frustrating and hard and I was delighted that it all came together in the last while, because I think it removes a lot of uncertainty", MacNaughton said.

Business groups largely praised the new agreement, which maintains Canada's duty-free access to the huge and profitable North American market.

Canadian dairy farmers immediately panned the renegotiated deal, saying it will undercut the industry by limiting exports and opening up the market to more American products.

Meanwhile, the president said he would continue to employ tariffs on other countries only in instances where the governments are "absolutely not willing to do what's fair and reciprocal".

Trump called the deal the "most modern, up-to-date and balanced trade agreement" in United States history.

Trump acted as if NAFTA was a deal he didn't need, and that got the attention of Mexico and Canada.

Alongside changes to the dairy market in Canada, officials said it includes stronger protections for workers, tough new environmental rules, and updates the trade relationship to cover the digital economy and provides "groundbreaking" intellectual property protections. "We've lost so many jobs over the years under NAFTA", he said.

Mr Trump said the deal was a victory for farmers, auto workers and the U.S. manufacturing industry: "It means far more American jobs, and these are high-quality jobs".

Canada wanted Trump to stop his 25 per cent tariffs on Canadian steel. They're not sure what this means for the future of their farm, but they're pretty sure Americans gaining more access to the Maritime dairy industry will mean a financial hit. The agreement also exempts tariffs on 2.6 million automobiles. One letter promises Canada will be exempt from any future USA tariffs imposed on automobiles and auto parts as a matter of national security.

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