(Rod Nickel – Reuters)
At the Canadian embassy in Tokyo last month, beef promoters flew in a chef from Canada to cook New York strip steaks for hungry Japanese importers and restaurant suppliers. [...]
CPTPP’s real prize, Canadian exporters say, are reduced Japanese tariffs for beef, pork, wheat and canola oil. Japan is the world’s third-largest beef importer and seventh-largest wheat buyer, often buying top-quality supplies to meet consumer demand for soft, white breads and beef raised on grain not grass.
For Canada, following a year of volatile relations with the United States and China, the deal offers a rare opportunity to seize market share from the United States, which withdrew from the pact after President Donald Trump took office. Click here to read more.
- Editorial: Japan Has Responsibility to Ensure TPP’s Success (Mainichi)
- Massive Tariff Cuts as CPTPP Comes Into Effect (CGTN)
- Why the CPTPP Could Be the Answer to the US-China Trade War (SCMP)
- CPTPP to Continue Attracting More Members, RCEP Unlikely to be Concluded This Year, Say Experts (Straits Times)