Dairy exports to Canada have NAFTA implications
One of the first trade grenades launched by President Trump was aimed at Canadian producers who, predictably, reacted loudly. What’s the big deal?
Canadian dairy trade has been a major focus in the news in recent weeks. As such, this week’s illustration provides some backdrop to the controversy. Annual dairy exports to Canada began to rise in 2007 and have been largely stronger year over year ever since. Last year’s export value to Canada for dairy products equaled $632 million—that’s nearly double 2007’s annual value and 3.5 times bigger versus 2000……….