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Earlier this year, the European Union and Japan announced a trade agreement in principle that includes dairy market access to Japan. Europe is actively working to establish a trade deal with Mexico in which agriculture and dairy will no doubt be central components. New Zealand is renegotiating a trade agreement with China in large part to improve dairy access terms. New Zealand and Australia are pushing to implement a “Trans-Pacific Partnership light” with eight other countries including Mexico.
The negative repercussions from Canada’s ongoing defiance of its trade obligations are a stark reminder of the critical role exports play in the health and vitality of the U.S. dairy industry.