USTR intends to negotiate trade agreements with Japan, EU and the United Kingdom, officially beginning a new wave of work toward expanding market access for U.S. businesses, including U.S. grain farmers and exporters.
The Feds’ seizure of one million pounds of pork from China in New Jersey on Friday has the pork industry concerned but also grateful for the diligence of Customs and Border Protection teams to protect U.S. borders.
News on the trade front is getting better for U.S. pork producers as the Trump administration announced that it wants to negotiate trade agreements with the European Union, Japan and the United Kingdom.
More than 50 food and agriculture organizations insist that trade deal between the U.S. and the European Union include agriculture and address the EU’s restrictive tariff and non-tariff barriers to U.S. farm products.
Japan is the leading value destination for both U.S. beef and U.S. pork, says USMEF Economist Erin Borror, But, she cautioned that the competitive terrain in Japan has gotten steeper for U.S. red meat.
Pork producers received fantastic news that the United States and Japan will begin trade talks soon. Japan is the U.S. pork industry’s No. 1 value market, importing in 2017 more than $1.6 billion of U.S. pork.