Canada’s international trade minister says the country stands by its position on imposing trade quotas on dairy products after the United States filed a second formal complaint against the policy under the new North American trade agreement.
The dispute is centred on Canada’s tariff-rate quotas (TRQs)—the quantities of certain goods that can be imported under preferential duties. The United States has accused Canada of assigning too much of its quotas to processors and thus denying American producers the level of access to which they’re entitled under the Canada-United States-Mexico Agreement (CUSMA).
In response to U.S. Trade Representative Katherine Tai’s announcement on May 25 that it is, for the second time, filing a formal dispute settlement request against Canada’s TRQs, Canadian Trade Minister Mary Ng said it respects the U.S.’s rights to do so but will stand its ground on dairy quota practices….