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Richard D

(8,759 posts)
Wed Jun 13, 2018, 03:15 AM Jun 2018

Some good information on the 270% dairy tariff

Does Canada really charge 270% on milk?

On some dairy imports, yes. Canada essentially allows two avenues for dairy imports -- those within quota, and surplus stuff. It’s the latter where tariffs spike, because Canada’s whole system is built to avoid a surplus -- hence its name, “supply management.”

Take milk, for instance. Within quota, the tariff is 7.5%. Over-quota milk faces a 241% tariff. Other over-quota rates include blended dairy powder at 270%. Duties rise to as high as 314% for other products, according to data from the World Trade Organization. Canadian officials argue that all countries subsidize dairy, including the U.S. -- Canada essentially does so indirectly by closing its borders and capping production. If you’ve got a slice of the quota, though, the tariffs don’t apply. And Canada has given up slices of its market in trade talks. (Including in the Trans Pacific Partnership trade deal that Trump quit.)


http://www.wisconsinagriculturist.com/dairy/does-canada-really-charge-270-tariff-milk

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Some good information on the 270% dairy tariff (Original Post) Richard D Jun 2018 OP
And the US imposes a 160% tariff on peanuts, few items have any tariffs at all Cicada Jun 2018 #1

Cicada

(4,533 posts)
1. And the US imposes a 160% tariff on peanuts, few items have any tariffs at all
Wed Jun 13, 2018, 04:08 AM
Jun 2018

The vast majority of items have zero tariffs. We run a trade surplus with Canada.

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