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

advertisements
   
   
   
   
   

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.


REBALANCING TRADE:


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.



NEGOTIATING BETTER, FAIRER TRADE DEALS:



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

  • Feeder Steers and Heifers Not Well Tested, Steer Calves Steady to Higher at Oklahoma National Stockyards  Tue, 31 Jan 2023 05:15:53 CST
  • On a Cold Day- the Joplin Regional Stockyards Market was Hot  Tue, 31 Jan 2023 05:12:00 CST
  • Atop the RON Rural Soapbox - Former Secretary John Block  Sun, 29 Jan 2023 10:57:59 CST
  • Friday Preopening Market Update with Dave Lanning  Fri, 27 Jan 2023 07:26:08 CST
  • Light Receipts But Moderate to Active Demand at Woodward Livestock Auction  Fri, 27 Jan 2023 03:40:09 CST
  • Thursday Preopening Market Update with Dave Lanning  Thu, 26 Jan 2023 07:20:12 CST
  • Precipitation Totals Edge Up From Wet Snow Event  Thu, 26 Jan 2023 05:56:07 CST
  • Feeder Steers Higher, Feeder Heifers Steady, Steer and Heifer Calves Lightly Tested at OKC West - El Reno  Thu, 26 Jan 2023 03:37:30 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2023 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.