Ag groups are concerned about the impact of withdrawing from the Trans Pacific Partnership on US agriculture. Kent Bacus with the National Cattlemen’s Beef Association says the US missed an opportunity to remove tariff and non-tariff barriers.
“Specifically in Japan,” he says. “Japan is our largest export market and accounts for about a quarter of our exports, but we’re going to lose a lot of that ground because we still face a 38.5 percent tariff on our product going in there going in there.”
Bacus says it puts US producers further behind by making them less competitive.
Continue reading Countries reach revised TPP deal at Brownfield Ag News.
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