New Trade Deal Leaves Ohio Dairy Industry Hopeful

New Trade Deal Leaves Ohio Dairy Industry Hopeful

Frank Haasen, owner of Haasen Farms Ltd.in Timmins, said the new trade agreement will have a significant negative impact on the dairy industry. But President Roger Johnson issued a statement saying that the deal, while no panacea, would help to fix strained trade relations between the three countries. She says this year's expo comes as dairy farmers are facing the fourth straight year of low prices.

But there's a possible boon for wheat growers in states along the border with Canada, which will be required to treat US wheat the same way it treats its own.

Yussuff expressed disappointment that the elimination of United States tariffs on Canadian steel and aluminum products was not part of the new agreement.

"While this trade agreement was very good news, we are disappointed that Congress was not able to reach a compromise on a new farm bill in advance of the September 30th expiration of the current farm bill".

"We just gave away four per cent of that business forever to the USA and we got nothing in return", said Bruce Sargent.

United Steelworkers Canadian director Ken Neumann was more direct, saying Canada "sold out" steel and aluminum workers by not getting the 25 per cent steel tariffs and 10 per cent aluminum tariffs removed.

Meanwhile, the CEO of the Dairy Farmers of Ontario says concessions made by Canada in the trilateral trade deal are a gift to powerful dairy lobby groups in key USA farming states such as Wisconsin.

Bickford said that although people think of milk as local, dairy is a global industry, and it's one that is particularly dependent on Mexico and Canada.

"We're not done yet, it's not signed", he said. "There's no doubt about that". "In the short term, nothing has really changed, and it's important to take time to get the best solutions possible to ensure supply management continues".

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It touches on areas ranging from the auto sector to dairy, egg and poultry markets, but failed to exempt Canada from steel and aluminum tariffs put in place by the Trump administration.

Groleau, who was among the group that met with Trudeau, said they stressed the need for a true compensation program that covers farmers' losses.

"We have always been at the forefront of the fight for fair trade that puts family farmers and ranchers on an even playing field with corporations and the rest of the world", the statement said.

The general sentiment among manufacturers is one of relief, said Dennis Darby, president and CEO of Canadian Manufacturers & Exporters.

Farmers fear they are being sacrificed by the government to get a deal that protects other industries.

"At a minimum we haven't lost any ground. Versus a very unpredictable and protectionist USA administration, I think Canada did as well as it could".

"The markets are reacting positively and with relief but they're certainly not euphoric by any means".

"Progress was made on the dispute settlement mechanisms", the statement said, but they still concentrate power in the big corporations. "We hope the agreements with Mexico and now with Canada lead to further easing of trade restrictions".

"It has impact on our markets, it has an impact on prices and also uncertainty, which business does not like", Dekker said.

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