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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.
On September 16, 2021 China applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Although faced with institutional obstacles for joining the CPTPP, China-based experts have noted that accession to the CPTPP could quicken economic development and trade liberalization by meeting the agreement's high-standards and progressive requirements.
In 2021, despite advantages offered through the United States-Colombia Trade Promotion Agreement (TPA), U.S. rice exports to Colombia have declined to just $5 million through July. The significantly lower exports to this market are a result of a larger Colombian crop and lower domestic prices, plus increased competition from South American exporters.
The U.S-China Economic and Trade Agreement (Phase One) granted market access for new U.S. horticultural products such as avocadoes, blueberries, and nectarines.
The U.S.-Japan Trade Agreement (USJTA) has been in effect for 17 months, however the timing of Japan's fiscal year meant that the agreement entered "Year 3" of implementation on April 1, 2021.
The U.S.-Japan Trade Agreement (USJTA) has been in effect for 17 months, however the timing of Japan's fiscal year meant that the agreement entered "Year 3" of implementation on April 1, 2021.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.