American farmers hail U.S.-Japan trade deal to gain competitiveness

American farmers on Monday welcomed a trade agreement reached in principle between the United States and Japan, saying the tariff-cutting deal would help them gain competitiveness instead of continuing to lose ground to foreign rivals."We are very happy that this agreement will end the growing competitive cost advantage that Canadian and Australian wheat imports got" under a revised Trans-Pacific Partnership free trade pact, which went into effect last year without the United States, a national wheat association said in a statement.The United States had initially been among the TPP members,…READ FULL ARTICLE