The USDA says new international trade agreements are designed to create additional export opportunities for American agriculture as officials work to reduce the nation’s agricultural trade deficit.
According to USDA information released this month, agreements with countries including Taiwan, Bangladesh, Ecuador and Guatemala are expected to improve market access for U.S. grains, meat, dairy and specialty crops.
USDA officials say some agreements reduce tariffs and simplify import regulations for American products.
The department also highlighted progress in negotiations involving China, Japan and the United Kingdom.
Officials point out that expanding agricultural trade could help strengthen farm income and rural economies.
Agricultural groups welcome the new agreements, but say global competition remains strong, particularly from South American exporters.
Economists note that reliable transportation systems and stable trade relationships will be important for maintaining export growth.
