A livestock economist says the US beef and pork sectors could lose their competitive advantage in Japan. Japan’s agreements with the EU and the 11-member Comprehensive and Progressive Trans-Pacific Partnership are headed toward implementation giving those countries preferential duty access.
US Meat Export Federation’s Erin Borror says there is a big threat to the US. “Not only Europe, but all of our competitors that ship pork as well as beef into Japan will benefit from a reduction in tariffs,” she says.
Continue reading US red meat headed toward big disadvantage in Japan at Brownfield Ag News.