USMCA DEAL PUSHES AMERICAN DAIRY INTO PROTECTED CANADIAN MARKET – ALTHOUGH GAINS WILL BE INCREMENTAL

COMMENTATORS may scoff at President Donald Trump’s ‘Art of the Deal’ negotiating pretentions, but it would be hard to argue that the American food sector was not a winner in the new USA-Mexico-Canada Agreement (USMCA) trade deal, stuck on September 30. For one thing, a deal was done – and the 1994 the North American Free Trade Agreement (NAFTA) was replaced with the USMCA, rather collapsing into recriminating tariff exchanges, as had been feared. The new deal retains most of the provisions of NAFTA, largely preserving the 24-year-old treaty's creation of ...


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