The Country Today
Torrey Advisory Group team member, Cassandra Kuball, spoke with The Country Today, regarding the on-going trade dispute on dairy tariff rate quotas (TRQs) between the the United States and Canada. In late May 2022, the United States took Canada to court for its handling of the U.S.-Mexico-Canada (USMCA) trade agreement, which marks the second time since 2020 the two trade partners have found themselves at odds over dairy tariff policy.
Ms. Kuball shared how TRQs are never easy or straight-forward, though Canada has clearly been violating its obligations under USMCA.
“When you have a TRQ, it’s complex. You have an allocation – which depends on markets and products – which are allocated at certain times. Watching how they allocated TRQs, targeting only certain products for processors in Canada, that was concerning.”