Prime Minister meets with Quebec dairy farmers post USMCA, promises compensation

Gladys Abbott
October 5, 2018

President Trump, however, says he is not hopeful the next deal will be approved by Congress in the next year, saying 2020 election politics could hold up passage.

"If I tell you that you are going to lose some of your business, you do not want to wait five years to find out what you are going to have as compensation to be able to manage your finances and knowing where you are investing", Bachand said.

"Today we have kept that promise", Trump said.

"The government has said repeatedly that it values a strong and vibrant dairy sector".

In Trudeau's eyes, however, it was a good deal. He said Canada did not simply accept "any deal".

"I appreciate the President's efforts to fix some of the problems we've seen with NAFTA".

"We recognize the symbolism of the gesture of Prime Minister Trudeau in offering to meet with our industry to hear our concerns firsthand", he said in a statement.

A former senior GOP official told Axios that the deal will allow for the creation of new cures and medicines "without the United States being the piggy bank for all those research and development dollars".

Morneau admits Ottawa was unable to reach a firm deal the tariffs and softwood lumber, a major B.C. industry, before Monday's US imposed deadline. Marshall said the USA had set the deadline to finalize its agreement with Mexico before the new Mexican administration takes over.

The US dairy industry has for many years produced a huge surplus of milk, to the point where dairy farmers have had to dump millions of gallons of milk into the garbage, and the government has even had to purchase huge quantities of surplus cheese.

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As Canadians have learned to our discomfort from the long-running softwood lumber dispute, though, neither a free trade deal nor dispute-resolution mechanisms offer sufficient protection when the Americans decide to settle a particular dispute in the alley.

In late May, the Trump administration announced tariffs of 25 percent on steel imports and 10 percent on aluminum imports, prompting quick retaliation from top trading partners including Canada and Mexico.

The deal, which replaces NAFTA, still has to be signed by leaders of all three countries and must be ratified by their respective governments.

"We will be manufacturing many more cars", Trump said.

Trump threatened to go ahead with a revamped NAFTA, with or without Canada.

However, Mr Trump said it was too soon to talk to China, on which the USA has imposed three rounds of tariffs this year, about a trade deal.

For Trump, the agreement offered vindication for his hardline trade policies that have roiled relations with China, the European Union and America's North American neighbors while causing concerns among Midwest farmers and manufacturers anxious about retaliation.

Trump's advisers view the trade pact as a political victor in Midwest battleground states critical to the president's 2016 victory and home to tens of thousands of auto workers and manufacturers who could benefit from the changes.

"I don't like NAFTA, I never liked it", Trump said Wednesday. "That will allow them to have more potential investments both in Canada and other North American countries".

For example, Freeland said the deal gets rid of the ISDS, the investor state dispute settlement mechanism between Canada and the USA, which she said allows foreign companies to sue the Canadian government. He said it will protect Canada from an unfair American tariffs.

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