TPP Barrier Eliminations will Ramp Up U.S. Pork Exports 50 Percent to TPP Nations, say Senators
The U.S. should secure the comprehensive elimination of tariff and non-tariff barriers in a final Trans-Pacific Partnership (TPP) pact in order to boost U.S. pork exports to TPP nations by 50 percent over the next decade, said 31 Senators in…
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a letter to U.S. Trade Representative Michael Froman and Department of Agriculture Secretary Tom Vilsack. Pacific Rim countries are implementing “highly restrictive” barriers that are preventing the growth of U.S. pork exports, said the Senators. “Japan, for example, maintains a complex system of tariffs that reduces the price and quality advantages of U.S. pork,” said the letter. “Vietnam, in addition to having burdensome administrative requirements, continues a reference price scheme on imported pork that raises the cost to import certain pork cuts above the market price. Furthermore, despite an existing bilateral trade agreement, Australia still uses non-tariff barriers to limit U.S. exports to either processed pork or frozen, boneless pork for further processing.” U.S. pork exports contribute a $5 billion annual surplus to the overall U.S. trade balance, they said.