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Farmers applaud Trump's Japan deal, but it's no better than Obama's TPP
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| Contributor | RP |
| Last Edited | RP Aug 27, 2019 08:13pm |
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| Category | Analysis |
| Author | Katie Lobosco |
| News Date | Tuesday, August 27, 2019 11:45:00 PM UTC0:0 |
| Description | American farmers are still feeling the pinch from President Donald Trump's multifront trade war, but they finally got some good news this week when the President announced he struck an "agreement in principle" on trade with Japanese Prime Minister Shinzo Abe.
But while American pork producers say they're happy about the deal, which is still being finalized, it only gives them the same level of access to the Japanese market as they would have gotten if Trump had never pulled out of the Obama-era Trans-Pacific Partnership in the first place.
US wheat growers, who were also left hurting after Trump pulled out of the multinational trade partnership, applauded the new deal with Japan. |
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