Because the tariffs for supply managed products are so high, giving up a lot of tariff gives up only a little protection, whereas giving up a little TRQ gives up a lot of protection.

Give up tariff, not TRQ

Economist argues there’s more damage by ceding tariff rate quota levels in trade deals than just reducing tariff

Public commentary regarding the North American Free Trade Agreement negotiations is mainly on the auto industry, as is appropriate. But another of U.S. President Donald Trump’s whipping boys is U.S. […] Read more