White House Says More to Be Done to Boost Agriculture Exports
"It is clear that still more can and should be done to boost agriculture exports," said an Obama Administration report on America's agricultural economy released June 11. "The President's National Export Initiative has opened new markets for U.S. agricultural products…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
and services and contributed to a historic level of agricultural exports." it said, and free trade agreements with Korea, Panama, and Colombia are projected to boost U.S. agricultural exports by $2.3 billion per year. The report noted that many sectors of the U.S. economy are running trade deficits, but American agriculture has enjoyed a trade surplus, with record levels of farm exports at $137.4 billion for fiscal year 2011.