Relations (1)
cross_type 3.46 — strongly supporting 10 facts
The U.S. is linked to food and agricultural products through various international trade agreements and commitments where foreign nations agree to reduce tariffs or purchase these specific U.S. exports, as seen in [1], [2], [3], and [4]. Additionally, statistical data confirms the U.S. maintains significant export volumes of these goods to major trading partners like China, Canada, and Mexico, as detailed in [5], [6], and [7].
Facts (10)
Sources
Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org 7 facts
claimJapan agreed to purchase commitments on agricultural goods, aircraft, and defense equipment, similar to an agreement previously made between the United States and Indonesia.
claimThailand agreed to address barriers to U.S. food and agricultural products as part of the U.S.-Thailand Agreement on Reciprocal Trade.
claimThe trade agreement between the United States and Indonesia is the first deal that includes a commitment for Indonesia to purchase U.S. products, specifically aircraft, energy, and agricultural goods.
claimUnder the Framework for an Agreement on Reciprocal, Fair, and Balanced Trade, North Macedonia agreed to eliminate all duties on U.S. industrial and agricultural goods.
measurementIndonesia committed to purchasing $33 billion in U.S. aircraft, parts, agricultural goods, and energy products.
claimTaiwan agreed to exempt originating U.S. agricultural goods, including chicken, pork, and rice, from duties applied under WTO special safeguards.
claimIndia agreed to eliminate or reduce tariffs on all U.S. industrial goods and a wide range of food and agricultural products.
Can the U.S. Move from Multilateral to Bilateral Trade Agreements? southernagtoday.org 3 facts
measurementMexico is the third largest destination for U.S. agricultural products, accounting for 14.99 percent of total U.S. agricultural exports, with agricultural products making up 11.49 percent of all U.S. products exported to Mexico.
measurementCanada is the second largest destination for U.S. agricultural products, accounting for 15.38 percent of total U.S. agricultural exports, with agricultural products making up 10.01 percent of all U.S. products exported to Canada.
measurementChina is the largest destination for U.S. agricultural products, accounting for 17.25 percent of total U.S. agricultural exports, with agricultural products making up 23.98 percent of all U.S. products imported by China.