Ottawa | Reuters — The Biden administration is requesting that a second dispute settlement panel be formed under the Canada-U.S.-Mexico Agreement (CUSMA) to review a trade dispute with Canada over dairy import quotas, it said on Wednesday. The U.S. alleges that Canada’s dairy tariff-rate quota allocations deny eligible U.S. applicants, including retailers, access to Canadian […] Read more
Tag Archives free trade — page 3
U.S. seeks another CUSMA dispute panel on Canadian dairy quotas
Canada announced revised policies last week
Canada violated CUSMA pact by reserving dairy quotas, panel finds
Canada 'will ensure compliance,' trade minister's rep says
Washington | Reuters — Canada violated a trade accord with the U.S. and Mexico by reserving most of its preferential dairy tariff-rate quotas for Canadian processors, a dispute panel found, and Washington warned it could retaliate if Ottawa did not change course. The U.S. Trade Representative’s office claimed victory for Washington in the first dispute […] Read more
Britain, New Zealand strike free trade deal
London/Wellington | Reuters — Britain and New Zealand have reached agreement in principle on a free trade deal designed to reduce tariffs, improve services trade, and take London one step closer to membership in a broader trans-Pacific trade agreement. Prime ministers Boris Johnson and Jacinda Ardern sealed the deal in a Zoom call on Wednesday […] Read more
Parliament rises as farm succession bill passes
Manitoba MP's private member's bill clears Senate
With the possibility of a fall election looming, MPs rose from the House of Commons on Wednesday, marking the end to a parliamentary session featuring a handful of laws impacting agriculture. Brandon-Souris MP Larry Maguire saw his private member’s bill, aimed at lowering taxes on the sales of farms and other small businesses, pass in […] Read more
Canada, Indonesia launch trade pact talks
First round of negotiations expected later this year
Canada has formally declared it will start negotiations this year on a trade pact with Indonesia, a move ag exporters hope will stabilize and strengthen their market access to the Asia-Pacific region. Canada’s Trade Minister Mary Ng and her Indonesian counterpart Muhammad Lutfi on Sunday declared the launch of negotiations on a comprehensive economic partnership […] Read more
Trans-Pacific trade partners agree for U.K. to start joining process
Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an […] Read more
U.S. requests CUSMA dispute panel on Canadian dairy quotas
TRQs improperly allocated, USTR alleges
Washington | Reuters — The Biden administration on Tuesday escalated a simmering trade dispute with Canada over dairy import quotas, requesting that the first dispute settlement panel under the Canada-U.S.-Mexico Agreement be formed to review the matter. The U.S. Trade Representative’s office said its complaint alleges that Canada was improperly allocating CUSMA tariff-rate import quotas […] Read more
New U.S. trade chief Tai focused on CUSMA, China ties in calls
New trade deals on hold for now, White House says
Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to […] Read more
Beef trade gap seen growing as U.K. pact clears Parliament
Interim post-Brexit trade deal gets royal assent
Canada’s beef cattle producers are warning of a growing beef trade deficit, not only between Canada and the European Union but between Canada and the United Kingdom, as a new stopgap U.K. trade pact nears its launch. International Trade Minister Mary Ng on Friday announced Canada is ratifying the Canada-U.K. Trade Continuity Agreement (TCA), after […] Read more
U.K. to ask to join Trans-Pacific trading bloc ‘shortly’
Bilateral deals signed or in works with several CPTPP members
London | Reuters — Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said on Wednesday. Since deciding to leave the European Union, a process it completed at the end of 2020, Britain has been seeking out new trading arrangements around […] Read more
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