Re:US Trade Court Finds Trump Tariffs Illegal
by throw0101d on Thursday May 29, 2025 @06:46AM
(#44124724)
> E.g. Canada could subsidise domestic milk producers. (We used to do that in New Zealand)
Like the US does? Isn't that just a race to the bottom then?
The Canadian supply management system means that those that purchase milk pay the amount needed to keep the Canadian dairy industry afloat. If you don't buy milk you don't pay.
With subsidies everyone pays, regardless of whether you use the product(s) or not.
Of course subsidies make the price cheaper, which helps with cost of living, which can be quite progressive (and often children are the ones that drink the most milk).
Further, the US subsidies milk even though its consumption has been falling for decades:
Like the US does? Isn't that just a race to the bottom then?
The Canadian supply management system means that those that purchase milk pay the amount needed to keep the Canadian dairy industry afloat. If you don't buy milk you don't pay.
With subsidies everyone pays, regardless of whether you use the product(s) or not.
Of course subsidies make the price cheaper, which helps with cost of living, which can be quite progressive (and often children are the ones that drink the most milk).
Further, the US subsidies milk even though its consumption has been falling for decades:
* http://www.ers.usda.gov/amber-waves/2022/june/fluid-milk-con...
Which solution is better / "best"? I don't know.
(Am Canadian.)