Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

President Donald J. Trump Has Reached Agreements with Japan to Improve Trade Between Our Nations

Wed, 25 Sep 2019 13:00:19 CDT

President Donald J. Trump Has Reached Agreements with Japan to Improve Trade Between Our Nations President Donald J. Trump has reached agreements to modernize and strengthen our trade relationship with Japan. Today, President Trump and Prime Minister Shinzo Abe of Japan reached two agreements to rebalance trade between our two great nations.

"We’re going to have a really great relationship, better than ever before on trade. I think it’s going to be better for Japan and better for the United States," said President Donald J. Trump

According to a statement from the White House, these agreements achieve concrete outcomes from negotiations, which were launched at last year’s meeting of the United Nations General Assembly. Under a market access agreement, Japan will open their markets to approximately $7 billion in American agricultural exports and more. Japan is one of America’s most important trading partners and this agreement will serve to enhance our robust two-way trade. In the months ahead, the United States will engage in further negotiations in the interest of achieving a final, comprehensive trade deal.


In reaching these agreements, President Trump is continuing to deliver on his promise to achieve fair, reciprocal, and balanced trade that benefits the United States. President Trump has made reducing trade deficits and promoting American-made products a priority for his Administration. The new agreements with Japan include numerous benefits that will level the playing field for America’s farmers, businesses, and workers. Under the market access agreement, Japan will eliminate or significantly lower tariffs for American beef, pork, poultry, wheat, cheese, wine, certain nuts and berries, cherries, ethanol, and more – a major win for our farmers, ranchers, and growers. America’s agricultural community will now be able to compete more effectively in Japan against global competitors. A separate deal also was reached that includes robust commitments on digital trade, which will greatly expand commerce across our modern industries. In all, this deal will expand trade and substantially reduce our trade deficit.


This agreement builds on President Trump’s successes negotiating better trade deals for the American people. President Trump has achieved unrivaled success in negotiating better trade deals that promote American workers and industries. The President has prioritized addressing the disaster that is NAFTA by replacing it with the far superior United States–Mexico–Canada Agreement (USMCA). The independent International Trade Commission has found that USMCA will spur the creation of 176,000 jobs and add $68.2 billion to the United States economy. Last September, President Trump significantly improved our free trade agreement with South Korea, doubling the number of American autos that can be exported to South Korea that meet United States safety standards and eliminating other barriers to American exports.

Source - The White House



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Todd Wilkinson to U.S. Senate Committee: American Beef is Climate Change Solution  Fri, 18 Oct 2019 16:19:23
  • Protein Plays an Essential Role in Global Nutrition  Fri, 18 Oct 2019 16:12:22
  • OSU's Janeen Salak-Johnson Tells Cattle Producers Being Open to Doing Things Differently Can Save an Industry  Fri, 18 Oct 2019 15:02:45 CDT
  • Atop the RON Rural Soapbox - Former Secretary John Block  Fri, 18 Oct 2019 06:45:39 CDT
  • Thursday Market Wrap-Up with Justin Lewis  Thu, 17 Oct 2019 22:45:56 CDT
  • OSU's Glenn Selk Talks about how Your Hay Quality can Affect Your Supplementation Strategy  Thu, 17 Oct 2019 20:32:24 CDT
  • American and European Equipment Manufacturers Call on Governments to Negotiate on Trade  Thu, 17 Oct 2019 20:21:03 CDT
  • Dunn, Conaway: USDA Research Developments Remain Top Priority  Thu, 17 Oct 2019 20:16:58 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA

    Search OklahomaFarmReport.com

    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.