Will the U.S. and Canada Cry Over Spilled Milk in NAFTA?
Production limits and price-setting means Canadian milk drinkers pay significantly more than they would in a free market. Conversely, for certain lucrative and in-demand dairy product ingredients, Canadian dairy boards have set prices at or below international market prices. U.S. and other global dairy farmers have argued this offers Canadian exports an advantage in third markets, while driving global prices and farm receipts down. Will NAFTA 2.0 change any of this?
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American Rubber Band Makers in a Bind
In 2016, the United States imported $1.3 billion worth of natural rubber, second only to China as the world's largest importer. But America's largest rubber band manufacturer has asked U.S. trade agencies to investigate whether China, Thailand, and Sri Lanka are subsidizing their producers, enabling them to sell unfairly cheap rubber bands.
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China’s Addiction to Intellectual Property Theft
President Trump just announced $50 billion worth of tariffs and other penalties on China for its theft of intellectual property, technology, and trade secrets. China will not change its behavior absent external pressure -- pushing back against the constant drain from Chinese IP theft is long overdue.
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For the Love of Peeps: The Price We Pay for American Sugar
For many years now, the U.S. Government has implemented a sugar program that ensures sugar producers and refiners get a minimum price for American-grown sugar. It's a hidden tax paid for by Peep-lovers everywhere.
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The problem with U.S. tariffs on steel and aluminum that no one is talking about
The problem steels tariffs are supposed to address isn't receiving much attention -- a number of countries are undeniably engaging in unfair and even predatory trade practices in the steel and aluminum sectors which are damaging to their trade partners.
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