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We can also choose to impose tariffs on countries that unfairly subsidize their industries. Restricting external producers and restricting internal producers ar
by krrrh 6y ago
We can also choose to impose tariffs on countries that unfairly subsidize their industries. Restricting external producers and restricting internal producers are actually separate issues that don't have to be entangled, as much as the Canadian dairy lobby loves sowing confusion on this by pretending that they are.
If having autarkic dairy production is important for some reason, limiting opportunities for local producers to enter the market is a weird way of achieving it.
- sudosysgen 6y agoThis is a nice theoric discussion but it's just that. Geopolitics doesn't play fair, if Canada tries this it will just get massively steamrolled by retaliatory tariffs.
- krrrh 6y agoDairy quotas are a persistent stumbling block for trade negotiations as it is, and the Canadian dairy industry is so coddled and protected domestically that they don’t mind that they are restricted from export markets. That doesn’t address the failure of current policy to encourage or even allow dynamic domestic production of this category of commodities to meet consumer demand.