U.S. pork producers celebrate trade agreement with Japan

The U.S. trade agreement with Japan, once implemented, will place it back on a level playing field with international competitors in one of its most important export markets.

The agreement was announced at the G7 summit in France during a press conference with U.S. President Donald Trump, Japanese Prime Minister Shinzo Abe and U.S. Trade Representative Robert Lighthizer.

Dr. Dermot Hayes, an economist at Iowa State University, estimates exports to Japan will grow from $1.6 billion in 2018 to more than $2.2 billion over the next 15 years as a result of the United States pork industry getting market access in Japan as favorable as its competitors.

Sunday August 25, 2019/ NPPC/ United States.
http://nppc.org

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