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US and Japan to Enter Trade Pact Talks

Sep 28, 2018

President Trump and Japanese Prime Minister Abe yesterday announced plans to begin trade negotiations for a bilateral agreement. Agriculture will be included in the talks, but the leaders said they will cap market access at levels negotiated in the Trans-Pacific Partnership, which included concessions for tariffs on American butter, cheese, lactose, milk powder, whipped cream and whey.

“We will urge the Office of the U.S. Trade Representative to negotiate for greater market access levels for dairy,” said Michael Dykes, D.V.M., IDFA president and CEO. “This is a positive development as both sides are now back to the negotiating table.”

The Japanese market is U.S. dairy’s fourth-largest, representing sales of more than $290 million last year.

For more information, read "Joint Statement of the United States and Japan," from the White House website.

Members with questions may contact Beth Hughes, IDFA senior director of international affairs, at bhughes@idfa.org.

 
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