Japan deal could aid US meat suppliers
12/11/2019
Wendy Cutler, vice-president of the Asia Society Policy Institute, told delegates at the USMEF conference: "The great news for you is that this is largely an agricultural deal.
"Under this agreement, we secured from Japan most of the agricultural market access that we forfeited when we lost TPP. What's really great for beef and pork is that when this deal goes into effect, which should be January 1, we're going to come into that deal 'caught up' with the other TPP countries, meaning that we'll get the same tariff rates that they're getting."
The deal under consideration by the Japanese Parliament.
She added that US agriculture is encouraged by progress in the US-China negotiations, but the situation remains volatile, and she warned finalising the details could prove difficult.
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