The White House on Oct. 16, 2018, announced its intention to negotiate a free trade agreement with the United Kingdom. NPPC is supportive of negotiations provided the agreement eliminates tariff and non-tariff trade barriers on pork.
Trade agreements are vital to the continued success of the U.S. pork industry.
Currently, the U.S. exports more pork to the 20 countries with which it has free trade agreements (FTAs) than to all other nations combined. A free trade agreement with the U.K. will benefit U.S. pork if all trade barriers to entry are eliminated.
NPPC supports a stronger trade relationship with the United Kingdom. NPPC would only support a U.S.-U.K. free trade agreement if the U.K. is willing to eliminate all tariff and non-tariff barriers and embrace Codex and other international production standards.
- The United States over the past 11 years, on average, has been the top pork exporting country worldwide.
- Exports added more than $51 – representing nearly 26 percent of the $141 average value of a hog – to every U.S. hog marketed in 2018, with nearly $6.4 billion of U.S. pork was exported.