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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.
In March 2021, Iceland’s Minister of Fisheries and Agriculture announced his intention to allocate ISK 970 million ($7.5 million) in financial support for Icelandic sheep and cattle farmers.
The U.S.-Japan Trade Agreement (USJTA) entered into force on January 1, 2020.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.