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Trump is right about one thing: Canada charges the US exorbitant tariffs on dairy.Canada's supply-management system rigs the market with centralized price-setting, allocated production quotas, and exorbitant tariffs.

This drives massive profits to a small group of largely corporate farm operations, while the dairy industry has a well-funded lobby and propaganda operation.

Canada's prime minister, Justin Trudeau, won't back away from his claim that "we will always defend our supply management system."

The prime minister’s remarks may have been a negotiating tactic. But many trade experts say the changes to the world’s trading system that have come about since Canada and the United States opened their mutual border in 1989 mean that an end to Nafta would not be a devastating blow to the world’s 10th largest economy.

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