The United States supports its dairy farmers with a complex price support system that is economically similar to Canada’s system of supply management. But Trump withdrew the United States from the pact in his early days in office and the 11 remaining countries completed the deal without it. The United States, even with the high tariff structure on Canadian dairy products, still benefits from its trading relationship. The United States is the top foreign supplier of cheese to Canada, with 25 per cent market share in 2017. “It is designed to balance domestic dairy supply with consumer demand to prevent overproduction and help Canadian dairy producers weather difficult trends in the global market.

Source: thestar September 26, 2018 17:48 UTC