US farmers will be hurt by EU-Japan free trade agreement

December 15, 2017 – The recent signing of the FTA between Japan and the EU looks to be harmful to American pork and beef producers, according today’s editorial in the Wall Street Journal.

Cattle

When the US backed out of the Trans Pacific Partnership (TPP), Japan was quick to forge an agreement with the EU. “The Japan-EU deal will eliminate quotas on European pork in Japan and cut the tariff to about 17% from 80% over ten years,” reports the USDA.

Hurting US dairy farmers, Europe will see a 30% duty on cheese disappear. Not only does it hamper US cheese exports to Japan, it also implies that Europe’s Common Names imposition will further inhibit American exports of cheese with such names as parmesan and others.

An editorial by Fred Baehner, IBNewsmag Publisher

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