The EU has negotiated a trade deal with Japan following on the Japan-Australia agreement of 2015. With the U.S. pulled out of the TPP, U.S. red meat exporters are now at a disadvantage with two of their biggest competitors.When President Trump pulled out of the Trans-Pacific Partnership (TPP) agreement, the U.S. red meat industry lost leverage in Japan. This has been one of its top markets since Japan ended its quotas on U.S. beef under the 1988 beef and citrus trade agreement. The TPP would have given U.S. beef and pork enhanced access there, which would have leveled the playing field with Australia. That country has an 8 point tariff advantage over U.S. beef under the 2015 Japan-Australia Economic Partnership Agreement. Now in the vacuum...