Canada Stands Firm on Dairy System Despite US Pressure

Trade Minister Mary Ng rejected any changes to Canada’s dairy supply management system Wednesday, despite mounting US pressure and tariff threats.

“Correct,” Ng told CTV‘s Power Play when asked if Canada would maintain its current dairy policies. She pointed to a 2023 trade panel that ruled in Canada’s favor after American farmers challenged how the government allocates its tariff-free dairy import permits.

Trump’s commerce secretary nominee Howard Lutnick attacked Canadian dairy policies at his confirmation hearing, claiming that “Canada treats our dairy farmers horribly. That’s got to end.”

The dispute centers on US access to Canadian dairy markets. Under CUSMA, signed in 2018, Canada agreed to allow American farmers access to about 3.5% of its domestic market. The system coordinates production and maintains import controls for dairy, poultry, and eggs to stabilize prices for both farmers and consumers.

Trump criticized Canadian trade practices earlier this week. “We don’t need them for agricultural products because we have all the agriculture we need,” Trump said. “They don’t take our agricultural product, for the most part, our milk and dairy. A little bit they do, but not much. We take theirs.”

Canada secured a 30-day pause on threatened US tariffs by committing $1.3 billion to border security, including enhanced surveillance and anti-drug measures. The Wall Street Journal previously reported Trump may use tariff threats to push for early renegotiation of CUSMA, due for review next year.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

SSR Mining Q1 Earnings: Costs Continue To Climb

Recommended

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

PTX Metals Hits 235.1 Metres Of Copper, Nickel Mineralization In Longest Intercept To Date At W2

Related News

More Trump Tariffs Coming: 25% On Steel And Aluminum

Tariffs are back after President Donald Trump announced that he will apply a 25% levy...

Monday, February 10, 2025, 03:50:00 PM

Jagmeet Singh Demands Parliament Recall Over US Tariff Threat

NDP Leader Jagmeet Singh called for an emergency Parliament session on Thursday to address looming...

Friday, January 31, 2025, 02:55:00 PM

Nike Call Frenzy Fuels Speculation For Vietnam Tariff Deal

A surge in out-of-the-money call option activity on Nike late Monday has ignited speculation of...

Tuesday, April 22, 2025, 02:19:00 PM

Canadians Back Pipeline Expansion as US Trade Tensions Rise

Four in five Canadians (79%) support expanding the country’s pipeline network from coast to coast...

Friday, February 7, 2025, 12:10:00 PM

End of De Minimis Exemption Reshapes US-China Trade Dynamics

Chinese e-commerce platforms face dramatic cost increases following Friday’s expiration of the US de minimis...

Monday, May 5, 2025, 02:11:00 PM