The 11 remaining members of the Trans-Pacific Partnership are moving forward with a modified trade agreement, known as the Comprehensive and progressive Agreement for Trans-Pacific Partnership, or the CP-TPP.
Officials with the U.S. Meat Export Federation say this updated deal will leave American producers in the dust.
Federation economist Erin Borror says market access remains the biggest concern for U.S. Beef.
Borror added those nations will see their tariffs drop even more once the CP-TPP is approved.
She says TPP, before President Trump pulled the U.S. out, would have been an immediate benefit for U.S. beef producers.
The U.S. has free trade agreements in place with several CPTPP countries, but the major exceptions are Japan and Vietnam.
From the National Association of Farm Broadcasting News Service.