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The U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin.
Stacked column chart illustrating the growth of U.S. agricultural exports to FTA partners vs. a decrease in exports to non-FTA partners.
Peruvian imports of U.S. corn continue skyrocketing, reaching 1.5 MMT ($251 million) during January/April 2017.
Line graph showing the growth of U.S. agricultural exports and imports in the context of international free trade agreements.