US-Japan trade deal robs NZ exporters of CPTPP advantage

Fri, 27 Sep 2019

By Pattrick Smellie Sept. 27 (BusinessDesk) - New Zealand beef and cheese exporters to Japan will be robbed of the recently acquired advantage over US producers, who will gain access to the high-value market on the same terms as CPTPP signatories, despite the US walking away from the trade and investment pact. Japan and the US signed a 'limited' trade agreement when US President Donald Trump and Japanese Prime Minister Shinzo Abe met this week in New York at the United Nations General Assembly, liberalising trade in just a few, mainly agr...

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