U.S. red meat could face disadvantage in Japan

A livestock economist says the U.S. beef and pork sectors could lose their competitive advantage in Japan.  Japan’s agreements with the EU and the 11-member Comprehensive and Progressive Trans-Pacific Partnership are headed toward implementation giving those countries preferential duty access.

U.S. Meat Export Federation’s Erin Borror says there is a threat to the US.  “Not only Europe, but all of our competitors that ship beef into Japan will benefit from a reduction in tariffs,” she says.

U.S. chilled beef entering Japan faces a 38.5 percent tariff rate. Borror says Canada, the biggest competitor for U.S. chilled beef, has already been gaining market share.  She says that could accelerate once the agreement is implemented and the tariff rate starts to decline.

Source: Brownfield