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Agricultural News


Lankford Calls Trade Agreement between US and Japan Good News for Oklahoma's Ag Community

Thu, 26 Sep 2019 10:46:35 CDT

Lankford Calls Trade Agreement between US and Japan Good News for Oklahoma's Ag Community Senator James Lankford (R-OK) issued a statement on the announcement of a trade agreement with Japan:



“The announcement on a trade agreement between the US and Japan is good news for Oklahoma and our state’s agriculture community,” said Lankford. “Further opening up the Japanese market for US exports has been a priority of mine since joining the Senate Finance Committee, and I commend the Trump Administration for completing this agreement that will see more of Oklahoma’s beef and other major exports sold in Japan. In the days ahead, I look forward to the US engaging in further negotiations with Japan to bring a more comprehensive trade deal before Congress and the American people.


Lankford remains engaged on trade and how trade deals, such as USMCA, affect Oklahomans. Lankford questioned the US Trade Representative during a Senate Finance Committee hearing in June on the US-Mexico-Canada Agreement. Lankford introduced the bipartisan, bicameral Import Tax Relief Act to require the Executive Branch to create an exclusion process for List 3 (and any future list) of Chinese imports subject to Section 301 tariff imposition. In March, Lankford spoke on the Senate floor about international trade with China, including Section 301 tariffs. In July of 2018, Lankford released his first podcast on trade, and a second episode focused on trade as a whole and how the ongoing trade negotiations between America and other nations impact Oklahoma.


Lankford is a member of the Senate Finance Committee, whose primary areas of jurisdiction include: taxation and other revenue measures; bonded debt of the United States; customs; reciprocal trade agreements; tariffs; general revenue sharing; Medicare, Medicaid, CHIP, TANF, and other Health and Human Services programs financed by a specific tax or trust fund; and social security.


Lankford also serves on the Financial Services and General Government Subcommittee, which has jurisdiction over the Executive Office of the President, including the Office of the US Trade Representative.



Source - The Office of Senator James Lankford




   

 

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