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Tag Archives trq

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Livestock, Markets

New Zealand, Canada each claim wins in CPTPP dairy dispute

Dispute panel knocks Canada's dairy access rules

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A dispute settlement panel called by New Zealand under the Trans-Pacific Partnership (CPTPP) trade pact has ruled Canada’s limits on dairy market access cramp its agreed-upon obligations. But despite the panel’s findings in New Zealand’s favour, Canada is also framing the panel’s ruling as a win — as it also generally upholds Canada’s ability to […] Read more
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Livestock, Markets

Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP

Dairy sector calls for 'vigilant' enforcement on British imports

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Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first accession applicant to reach that […] Read more
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Livestock, Markets

U.S. seeks new dispute panel over Canadian dairy imports

Panel would be second on matter since CUSMA took effect

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Washington | Reuters — The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, charging that Canada was still not meeting obligations to open its market to U.S. producers. The U.S. Trade Representative’s office said it was challenging Canada’s revised tariff-rate quota (TRQ) allocations that […] Read more
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Livestock

U.S. seeks another CUSMA dispute panel on Canadian dairy quotas

Canada announced revised policies last week

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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
(WTO.org)
Crops, Markets

WTO finds for U.S. on crop tariff dispute with China

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MarketsFarm — The World Trade Organization (WTO) has ruled largely in favour of the United States in a trade dispute regarding China’s application of tariff rate quotas (TRQs) for wheat, corn and rice. The ruling, issued by the WTO’s Dispute Settlement Body (DSB), stated China did not apply the TRQs on imports of wheat, rice […] Read more
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Markets

EU adopts post-Brexit import quotas for farm produce

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Brussels | Reuters — The European Union on Monday adopted quotas for farming produce it will accept from third countries after Britain leaves the bloc and acknowledged this could happen before it has concluded talks with them on the subject. The EU has in place a series of tariff rate quotas, allowing agricultural producers such […] Read more
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.
Markets/Business

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. market access to Canada’s supply managed dairy and poultry industries. In the fourth round of the NAFTA discussions, the U.S. negotiators tabled a proposal to […] Read more
(Cia.gov)
Crops

U.S. seeks WTO dispute panel on China’s grain import quotas

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Geneva | Reuters — The United States has requested a World Trade Organization panel be set up to investigate Chinese tariff-rate quotas (TRQ) for agricultural products, the WTO said on Monday, setting up a showdown between the two largest economies. The row, which includes tariffs for wheat, rice, and corn, was initiated under the Obama […] Read more

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