The Trump administration remains adamant that Canada shut down its Class 7 milk pricing program as part of an overall deal to rewrite the North American Free Trade Agreement, USDA Secretary Sonny Perdue told reporters today.
The USDA announced today it will be buying up to $50 million worth of fluid milk in an effort to bring financial relief to the dairy industry, which is suffering from high production and foreign trade tariffs.
Just as its commissioner predicted when he unveiled his plans to the public, the Food and Drug Administration likely will face a lawsuit if it moves forward with pursuing standard of identity enforcement to prevent plant-based products from using dairy-related nomenclature.
The multifront trade war erupting on all sides of the U.S., with allies and others alike, is reaching new heights this week. China is preparing to enact $34 billion worth of tariffs on Friday that have U.S. producers of everything from strawberries to beef bracing for a major disruption in exports.