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This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.
Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.
While trade tensions and China’s retaliatory tariffs slashed U.S. agricultural exports to China in 2018 and 2019,
Japan is the fourth largest market for U.S. exporters of food and agricultural products.
The U.S.-Japan Trade Agreement (USJTA) entered into force on January 1, 2020.
The U.S.-Japan Trade Agreement (USJTA) entered into force on January 1, 2020.
The Japanese Cabinet approved new support programs for livestock producers under the 2019 supplementary budget aimed at increasing beef and dairy cow numbers.
Costa Rica’s economy growth rate slowed in 2018 to 2.7 percent compared with an average rate of growth of 3.8 percent over the ten previous years.
Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.
Following seven consecutive years of growth, Japan’s hotel, restaurant, and institutional (HRI) food service industry achieved record sales of ¥33.1 trillion ($299.8 billion) in 2018.
Consumers continue to perceive U.S. food products as high quality, wholesome and reliable, which has resulted in a continuous growth in demand.
Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.