The U.S. International Trade Commission (USITC) on Wednesday released a report outlining what the commission believes would be the likely impact of the Trans Pacific Partnership (TPP) on the U.S. economy and on specific industry sectors, including food and agriculture.
For poultry, the report noted that the TPP agreement would likely result in a moderate increase in U.S. poultry meat exports. Specifically, the commission said that:
- Elimination of duties on poultry meat imports in Japan should increase U.S. competitiveness in this large market;
- Increased access to the growing Vietnamese market should also benefit U.S. poultry exporters;
- The agreement would not alter the United States’ relative competitive position in Mexico, the most important export market for U.S. poultry meat;
- The agreement would provide limited additional access to the Canadian import market, which is currently dominated by U.S. exports; however, direct access to the Canadian consumption market would continue to be limited by substantial over-quota duties; and
- New TRQ access to the Malaysian market, however, would have little value to U.S. exporters because long-standing halal certification issues were not addressed under the TPP Agreement.
The full report is available on the USITC website by clicking here.
