Trade Agreements

Free trade agreements (FTAs) help expand global market opportunities for U.S. producers and exporters. Bilateral and multilateral trade agreements strip away trade barriers, reduce or eliminate tariffs, and promote investment and economic growth.

FAS partners with other U.S. government agencies and the private sector to not only negotiate new trade agreements that benefit U.S. agriculture but also to hold our trading partners accountable for their commitments under existing FTAs.

Data and Analysis

Through its phased-in tariff reductions, the agreement will raise challenges for U.S. products including wine and spirits, cotton, pulses and beans, forest products, and tree nuts.
On December 14, 2021, the World Trade Organization (WTO) released its findings from the dispute panel initiated in August 2019 against India’s trade distorting sugar subsidies. The WTO report found that India’s subsidies violated its obligations under the multilateral agreement.
Attaché Report (GAIN)

Japan: USJTA TRQs Underutilized in First Half of JFY 2021

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.

News and Features

The updated agreement regarding beef tariffs will allow U.S. exporters to more reliably meet Japan’s growing demand for high-quality beef.
The United States is, for the second time, requesting dispute settlement consultations with Canada under the USMCA to address dairy restrictions by Canada that are contrary to its USMCA commitments.
Secretary Vilsack and Mexico Agriculture Secretary Victor Villalobos met this week to continue cooperation on shared priorities including open trade, science-based policy making, and sustainable and climate-smart agricultural production.

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