Trade is good for both countries, but not everyone in both countries benefits from trade.
This China clause has been portrayed as a humiliating imposition on Canadian sovereignty.
Canada’s supply management system will largely remain intact, to the disadvantage of Canadian consumers.
Dairy farmers in Canada benefit from high prices delivered by supply management.
When the Australian market was deregulated in 2000, the average price farmers received for raw milk almost doubled.
Back then, many countries including Germany, Japan and the United States embraced List’s tariff walls.
Trade with China may actually have increased manufacturing employment in the United States.
The WTO has become a key player in a high-stakes international poker game.
Reducing Canada’s corporate tax rate will directly promote business investment.
Supply management was established in the 1970s because Canadian dairy and poultry farmers didn’t want cross-province competition.