New Zealand is accusing Canada of undercutting its commitments under the Comprehensive and Progressive Trans Pacific Partnership on dairy. Canada’s problem is that New Zealand’s case is strong.
Canadian dairy farmers were already well-heeled and well-protected from world market forces, but their cash grab over something called diafiltered milk has put the entire Canadian economy at risk.
Donald Trump has described NAFTA as the worst trade deal ever signed by the United States. As NAFTA talks continue, here’s what Canada and Mexico can do if the unthinkable happens.