There was a diary on the rec list this morning titled Trump Quietly Handed Early Defeat on Trade. I don’t have a (ahem) beef with that post, but it was a little light on details and many people in the comments section had more questions than answers. Meanwhile, I was just geeking out on the topic, doing my best to explain what I could.
So I figured I’d kill time by explaining more in depth what happened and why it happened, and a bit more on the trade policies at play here.
(Please note that some of the links I might provide will discuss different types of milk and milk product and many of them will have different abbreviations and/or descriptors. That’s somewhat important, but not important enough to for me to go into detail about here. For the purpose of this discussion, just think of it all as milk product. If you’re not exporting it, it’s not a critical distinction.)