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Source: Betsy Jibben, AGWEB, 3/29/19
Much of the trade focus has been on China. However, the United States agricultural industry could be at a significant tariff disadvantage starting April 1 and it has nothing to do with China. Eleven Pacific Rim Countries went ahead with a deal without the United States, after the Trump Administration exited the agreement. That agreement is the updated Trans Pacific Partnership Deal called CPTPP. April 1 marks the date tariffs will start to drop for countries within the CPTPP agreement, not good news for U.S. agriculture. For more of this story, click here.
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