Whitman County Gazette - Serving Whitman County since 1877

U.S.-Japan wheat trade announced in principle

 

August 29, 2019



President Donald Trump and Japanese Prime Minister Shinzo Abe announced Aug. 25 a trade agreement in principle between the two countries to keep exports of U.S. wheat going to a major buyer.

Negotiations have been on to counter the effect of the 11-nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which cut the effective tariff on Canadian and Australian wheat to Japan, eventually to a reduction of about $70 per metric ton, or 45 percent below the current tariff for U.S. wheat.

In the past five years, Japan has been the largest, most consistent and valua...



For access to this article please sign in or subscribe.



 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019

Rendered 09/13/2019 18:49