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Todd McClay: Trade Minister on the trade dispute with Canada and the $120 million loss
The Trade Minister is taking the legal fight to Canada over a trade dispute.\xa0
The Government says Canada's refusing to comply with a ruling over dairy trade, where it breached CPTPP rules by blocking exporters' access to its market.\xa0
A panel ruled it had until May 1st to change how it administered its tariff rate quotas and to stop prioritising domestic access.\xa0
Todd McClay told Mike Hosking that\xa0we've been left $120 million out of pocket.\xa0
He said that's about three and a half percent of their dairy market and suspects domestic politics are behind it, but they need to honour their international commitments.\xa0
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