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(Article Summarized by Meridian Institute) The U.S. Meat Export Federation (USMEF) was in Japan last week, bringing 20 U.S. beef, pork, corn and soybean growers and association representatives to discuss “what’s next?” after the U.S. withdrawal from the Trans-Pacific Partnership Agreement (TPP). Eldon White, the executive vice president and CEO of the Southwestern Cattle Raisers Association, said his members were very disappointed by the TPP decision. "The Trans-Pacific Partnership would have put us on par with Australia," he said. Because of their free trade agreement coming into effect in January 2015, Australia will see the import tariff on its beef drop to 23.5 percent from Japan’s current 38.5 percent. It will fall to 18.5 percent within 18 years. Nebraska Corn Board Board of Directors member David Merrell said, “We came to talk about the quality, consistency and accessibility of our products. We want to assure Japan that we are a valuable (trade) partner and that we will continue to do that.” Philip Seng, the president and CEO of USMEF, said his organization is very concerned about the potential harm to trade from the U.S. withdrawal from the TPP. "We are doing very well, and we don't want to interrupt that," he said.

Posted September 11th, 2017