Agricultural News
Beef and Pork Exports Stand to Regain Market Share With Japan Trade Deal- USMEF Calls Announcement Tremendous News
Sun, 25 Aug 2019 14:14:02 CDT
Today President Trump announced an agreement in principle that will greatly improve access for U.S. red meat in Japan - the largest value destination for U.S. pork and beef exports. U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom issued this statement:
This announcement is tremendous news for U.S. farmers and ranchers, and for everyone in the red meat supply chain, because it will level the playing field for U.S. pork and beef in the world's most competitive red meat import market. It is also a very positive development for our customer base in Japan, which USMEF and our industry partners have spent decades building. These customers have been very loyal to U.S. pork and beef, but our exports to Japan could not reach their full potential under Japan's current tariff structure.
USMEF thanks the Trump administration for prioritizing trade negotiations with Japan, and especially the officials at USTR and USDA who worked tirelessly to secure this agreement. Favorable access to Japan is a major win, not only for the U.S. red meat industry but for all of U.S. agriculture and for our nation's rural economy.
Click or tap here for the transcript of the announcement made on the sidelines of the G7 in France.
Source- US Meat Export Federation
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