Farmers applaud Trump's Japan deal, but it's no better than Obama's TPP

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Farmers applaud Trump's Japan deal, but it's no better than Obama's TPP
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While American pork producers say they're happy about Trump's deal, which is still being finalized, it gives them the same level of access to the Japanese market as they would have gotten if Trump hadn't pulled out of the Obama-era TPP in the first place.

Washington 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. "We're getting what we had under the TPP and we're not going to lag behind," said Nick Giordano, vice president and counsel of global government affairs at the National Pork Producers Council.

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