The Agricultural Trade Agenda - · PDF fileThe Agricultural Trade Agenda ... to Enhance Export...

Global Policy Analysis Division Office of Global

Analysis

The Agricultural Trade Agenda American Fats and Oils Association

October 12, 2017 Trade is Critical for American Agriculture.

Chuck Bertsch Foreign Agricultural Service 202 720-6278 [email protected]

United States Department of Agriculture

Foreign Agricultural Service

United States Department of Agriculture Foreign Agricultural Service

LinkingU.S.AgriculturetotheWorldtoEnhanceExportOpportuni:es

andGlobalFoodSecurity




Why does agricultural trade matter?

Global Policy Analysis Division Office of Global

Analysis

“MiddleClass”inMiddleIncomeCountriesCouldReach765MillionHouseholdsBy2024,Up119%From2014Levels

112

233

35

557

727

149154

0 50 100 150 200 250

TaiwanColombiaMalyasia

SouthKoreaThailandVietnamRussiaTurkey

PhilippinesMexicoBrazilEgypt

IndonesiaIndiaChina

Householdsw/RealPPPincomesgreaterthan$20,000(millions)

2014

Proj.gainsby2024

Source: Global Insight’s Global Consumer Markets data as analyzed by OGA




But it’s not just the farm sector that benefits from agricultural exports …




1,000,000+JobsEach$1billioninexportssupports8,000jobs,bothon-andoff-farm.

EconomicAc:vityEach$1inexportsgeneratesataddi:onal$1.27ineconomicac:vity.




Trade agreements have been a key driver of the growth in U.S. farm and food exports …




TRADEAGREEMENTSDRIVEU.S.EXPORTS




$0

$1

$2

$3

$4

$5

$6

$7

$8

$9

$10

$11

$12

NAFTA(1994)

China(1994)

Jordan(2001)

Singapore(2004)

Chile(2004)

Australia(2004)

CAFTA-DR(2005)

Morocco(2006)

Peru(2007)

SouthKorea(2012)

Colombia(2012)

Panama(2012)

Pre-AgreementPost-Agreement

WTOAccession

Bill

ion

US

Note: China reference is WTO Accession Note: four year data post agreement only for Colombia, Korea and Panama.

Ag Exports Before & After Trade Agreements




0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

USFTAPartners China RestofWorld

TotalU

.S.A

gExpo

rts

A Growing Share of U.S. Ag Exports Go to Free Trade Agreement Partners




Secretary’s Trade Priorities: - Negotiation

•  Renegotiate NAFTA •  Do No Harm •  Address Existing Tariffs •  Move Forward Where We Agree (e.g., Biotech,

SPS)

•  Bilateral Agreements •  e.g., Japan, Vietnam, other SE Asia

•  Continue to Work on China

•  India?




Secretary’s Trade Priorities: - Promotion

•  Marketing When Markets Opened/Expanded




Secretary’s Trade Priorities: - Enforcement

•  Focus on Enforcing the Agreements We Have

•  Prefer Negotiating, but Be Ready for Litigation •  Already Looking into China’s Domestic Support •  Already Looking into China’s Tariff-Rate Quotas




Secretary’s Trade Priorities: - Standards

•  Work to Further Develop International Standards •  e.g. Codex

•  Moved Codex within the Department to New Mission Area: Trade and Foreign Agricultural Affairs •  Not to Reduce Focus on Food Safety, But to

Better Insure Other Countries Don’t Use Codex in Non-Scientific Ways to Block Trade

The Agricultural Trade Agenda - · PDF fileThe Agricultural Trade Agenda ... to Enhance Export...

Documents

Transcript of The Agricultural Trade Agenda - · PDF fileThe Agricultural Trade Agenda ... to Enhance Export...