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TRADE-NAFTA/DAIRY
RTX6GH0S
25 Oct. 2018
The dairy industry was a sticking point in the contentious... more
TRADE-NAFTA/DAIRY
RTX6GH0S
25 Oct. 2018
East Greenwich, UNITED STATES
The dairy industry was a sticking point in the contentious renegotiations of the free trade deal between the U.S., Canada and Mexico that concluded last month. U.S. President Donald Trump demanded concessions from the protected Canadian dairy industry and said on Twitter that Canada was hurting U.S. farmers with high tariffs. After Canada gave some ground, Trump claimed a big victory and said farmers would have more export options. But Canada opened less than 4 percent of its dairy market to U.S. farmers - a concessions unlikely to make much of a dent in U.S. oversupply or improve the lot of farmers. In Canada, the dairy industry is faring much better and continues to be among the nation's most profitable farm sectors, allowing most farmers to absorb the concessions' impact. REUTERS/Oliver Doyle SEARCH "USA DAIRY" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES. TPX IMAGES OF THE DAY. Matching text: TRADE-NAFTA/DAIRY
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