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U.S. loses competitiveness as EU, Japan reach trade agreement

U.S. producers of beef, pork and dairy at competitive disadvantage as Japan lowers tariffs for EU, and geographical indications could limit U.S. sales.

The European Union and Japan have reached agreement in principle on a trade pact that would open the Japanese market to key EU agricultural exports and could affect U.S. competitiveness for many exports, including cheese, beef and pork.

With regard to EU agricultural exports to Japan, the agreement scraps duties on many cheeses, such as gouda and cheddar (which currently are at 29.8%) as well as on wine exports (currently at 15% on average). It also will allow the EU to increase its b

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