U.S. President Donald Trump has announced plans to challenge Canada’s “very unfair” dairy industry supply management system and threatens to tear up NAFTA if Canada won’t agree to substantial changes.
Trump will get no pushback from Congress and has wide U.S. support.
Canadian farmers’ claim that they produce products that are far above U.S. standards will also be tested, and it could finally disrupt Canadian farm industries that are worth about $10-billion annually.
But it would also end up benefiting overcharged Canadian consumers, finally getting a break.
Indeed, as Saskatchewan Premier Brad Wall stated, “If you look at the price of dairy in most states and you think about what low-income Canadian families are paying for the same block of cheese or quart of milk, maybe there’s something meritorious about a policy that would potentially lower the cost of those staples for Canadians.”
In fact, finally maybe there is, and it may take a U.S. president to make it happen.