Removing of Japan Quota on U.S. Beef are Amongst Nebraska Farm Bureau Asks of New U.S. Commerce Consultant

 

LINCOLN, NEB. – Nebraska Farm Bureau is urging United States Commerce Consultant Katherine Tai to push for the elimination of Japan’s quota system, which limits the quantity of U.S. beef that may enter the nation. In correspondence to the newly confirmed U.S. Commerce Consultant, Nebraska Farm Bureau President Mark McHargue recognized quite a few areas the place Tai might act to spice up markets for Nebraska farm and ranch households.

“Japan is a significant marketplace for Nebraska beef. Nebraska exports to Japan alone exceeded $362 million in 2020. But, we proceed to wrestle with Japan’s quota system that triggers further tariffs on U.S. beef exports. Probably the greatest issues Commerce Consultant Tai might do for our state could be to work for the elimination of Japan’s beef quota,” mentioned McHargue.

Along with the quota problem, McHargue inspired Tai to give attention to three common commerce areas together with motion to handle the continuing commerce issues with China, increasing worldwide advertising alternatives, and supporting efforts to revive the integrity of the World Commerce Group by wanted reforms.



“Enforcement of the present U.S.-China Section One commerce settlement is important to agriculture. With the settlement set to run out on the finish of 2021, it’s crucial the administration act to stabilize and normalize commerce with China. To get there, we encourage the administration to work with like-minded nations in a multi-lateral method to develop guidelines and establishments to handle the various excellent issues with China,” mentioned McHargue.

Nebraska Farm Bureau additionally inspired Tai and the administration to proceed earlier Trump period commerce negotiations with each the UK and the European Union, in addition to with Kenya. McHargue highlighted the necessity for the U.S. to forge forward in rejoining the Trans- Pacific Partnership, now generally known as the Complete and Progressive Settlement for Trans-Pacific Partnership (CPTPP). The CPTPP is a free commerce settlement between 11 nations within the Asia-Pacific area, together with two of Nebraska’s largest commerce companions in Canada and Mexico, in addition to Japan.



“China crammed the ability vacuum that was created when the U.S. pulled out of the unique TPP deal. China subsequently signed a big commerce settlement with most of the CPTPP nations. It’s very important the Biden administration and Commerce Consultant Tai begin us on the trail of re-entry to the CPTPP so we will regain markets and affect, whereas pushing again in opposition to China,” mentioned McHargue.

The significance of a worldwide rules-based buying and selling system, and the necessity for reforms to revive the diminished position of the World Commerce Group (WTO), had been additionally famous within the Nebraska Farm Bureau correspondence. The WTO successfully turned inoperable in 2019 when President Trump held up nominations of recent members to the Appellate Physique which hears appeals in disputes introduced by WTO members.

“An important element of the WTO is to implement the commerce guidelines which are in place. Given agriculture’s reliance on worldwide commerce and the continued want for a worldwide rules-based buying and selling system, it’s important the Biden administration approve new members to the Appellate Physique as quickly as attainable,” mentioned McHargue.

The Nebraska Farm Bureau is a grassroots, state-wide group devoted to supporting farm and ranch households and dealing for the advantage of all Nebraskans by all kinds of academic, service, and advocacy efforts. Greater than 58,000 households throughout Nebraska are Farm Bureau members, working collectively to attain rural and concrete prosperity as agriculture is a key gasoline to Nebraska’s financial system. For extra details about Nebraska Farm Bureau and agriculture, go to http://www.nefb.org.

–Nebraska Farm Bureau

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