Pork Producers Say TPP an 'Unprecedented Opportunity' for U.S. Exports
The Trans-Pacific Partnership represents an “unprecedented opportunity” for pork exporters in the Asia-Pacific region, said the National Pork Producers Council in a recent fact sheet (here). Among other benefits, the deal would cause Japan, already the second-largest market in the…
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world for U.S. pork exports, to “virtually” dismantle its complex system of pork tariffs, known as the “gate price” system, over the next 11 years. It would also make Vietnam, which only gets 2 percent of its pork from the U.S. despite consuming more pork than Mexico, to get rid of tariffs running as high as 30 percent that have up to now limited U.S. pork exports. According to the council, one economist has called TPP “the most important commercial opportunity ever for U.S. pork producers.” Without TPP, U.S. pork exports to the Asia-Pacific would be at a “serious competitive advantage,” said the group.