With an agreement on the
Trans-Pacific Partnership in place, Canada says there is now no room to
negotiate it’s dairy pricing scheme through the North American Free Trade
Agreement. TPP-11, as it’s called, will be signed in March by the 11 remaining
member countries. The agreement was reached a day shy of a year after President
Trump removed the United States from the original trade pact. Canada agreed to
make some changes in TPP to its dairy market, benefiting dairy-exporting
countries, such as New Zealand. That means, according to Politico, Canada’s
dairy industry has zero concessions left to make in NAFTA. The United States
dairy industry wants Canada to change its pricing program, which the U.S. says
is leading to an excess of milk protein concentrates on the market. Some say,
however, that the TPP agreement should give the U.S. negotiating leverage
against Canada, along the lines of: “You just signed away access for dairy
market in the TPP; why is that not good enough for NAFTA?” The latest round of
NAFTA Negotiations is underway in Montreal, Canada.
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