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Trump's fight with Canada over dairy gets the US only $70 million more than TPP trade deal (谈股论金)  549次阅读

作者: 雅歌 @, 发表于: 2018-10-03 (2246天前) @ 雅歌

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https://www.msn.com/en-us/money/markets/trumps-fight-with-canada-over-dairy-gets-the-us-only-dollar70-million-more-than-tpp-trade-deal/ar-BBNQ6EI?ocid=spartanntp

But Bank of America Merrill Lynch told its clients some of the concessions in the new deal were "mainly symbolic," including the one Canada made for U.S. dairy farmers.
"The deal includes a small reduction in protectionism for Canada's dairy farmers," Bank of America Merrill Lynch global economist Ethan Harris said in a note to clients Tuesday. "Under the new USMCA, American dairy producers will have access to 3.59% of Canada's dairy market — slightly higher than the 3.25% they would have gotten had the US signed the Trans Pacific Partnership [TPP]."
Harris estimates the change will increase U.S. dairy exports to Canada by $70 million, or 0.0003 percent of GDP, compared to what they would have been under the TPP, from which the U.S. withdrew last year.

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