CETA Implications Canada and the EU completed a trade agreement, the Comprehensive Economic and Trade Agreement (CETA), with both impacts on their bilateral commerce and implications for the U.S. and Mexico. The four-year long negotiation ended up splitting the difference between Canada's demand for 60,000 MT of access for its beef and Brussels' red line of 40,000 MT. Canadian pork also wins. European farm groups are disappointed that their access to the Canadian cheese market was less than hoped for, while Ottawa is trying to placate its less efficient dairy industry by offering compensation. Otherwise, the deal keeps tariff protection in place for 7.2 percent of Canada's agricultural products and 6.5 percent of Europe's farm goods. A...