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On January 11, 2022, the Ministry of Commerce (MOFCOM) of the People’s Republic of China (PRC) announced it will conduct an Expiry Review on the antidumping (AD) and countervailing duty (CVD) measures imposed on U.S.-origin distiller’s dried grains with or without solubles (DDGS).
On January 3, 2022, the Government of Morocco (GOM) published Circular # 6279/222, announcing the required tariff changes under the U.S.-Morocco Free Trade Agreement (FTA) for Calendar Year 2022.
On January 11, 2021, the Indian Ministry of Commerce and Industry announced that India and the United States agreed to a framework that will implement market access for a number agricultural products from both countries.
While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union.
Graphic illustrating the growth of U.S. agricultural and related product exports to Chile between 2000 - 2015.
Graphic illustrating the growth of U.S. agricultural and related product exports to Peru between 2000-2015.
South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.