Montana beef declared winner in U.S.-Japan trade deal
The U.S.-Japan trade agreement signed Monday by President Donald Trump should deliver several million dollars in beef prices for Montana, the Montana Stockgrowers Association said. Fred Wacker, MSGA president, who was at the White House for the signing ceremony, said cattle prices had already increased on news that the deal would be signed. Trade organizations, like the National Cattlemen’s Beef Association noted that beef appeared to be the big winner among agriculture interests included in the limited agreement. Japan’s tariff on U.S. beef is 38.5%, which will decrease gradually to 9% by 2033. The reduction is on track with tariff