dairy
Washington (AFP) - The US government on Tuesday said it had won its fight with Ottawa over restrictions in the Canadian dairy market, claiming victory in the first-ever dispute under the revamped North American free trade pact. But rather than remove a point of conflict between the trading partners, the issue may exacerbate stresses, since both sides have vowed to fight to protect their own industries and workers. US Trade Representative (USTR) Katherine Tai called the ruling under the US-Mexico-Canada Agreement a "historic win" that "will help eliminate unjustified trade restrictions." The fi...
AFP
Washington (AFP) - Washington on Tuesday escalated its complaint objecting to Canada's treatment of US dairy products under the revised North American free trade agreement. After talks failed to resolve the issue, US Trade Representative Katherine Tai called for the creation of a dispute settlement panel under the US-Mexico-Canada Agreement (USMCA, or CUSMA in Canada), the trade agency said. The action could lead to punitive tariffs if the neighboring countries cannot reach an agreement. A preliminary decision would be expected in four months under the terms of the pact's conflict resolution t...
AFP
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