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On June 29, 2022, the European Commission (EC) approved one genetically engineered (GE) crop (maize) for food and animal feed. The authorization was published in the European Union’s Official Journal on July 1, 2022 and remains valid for 10 years.
Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.
Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...
On December 18, 2020, the European Commission published a Regulation eliminating EU customs duties for fresh and frozen lobsters from August 1, 2020 to July 31, 2025.
On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.
Consumers continue to perceive U.S. food products as high quality, wholesome and reliable, which has resulted in a continuous growth in demand.
Infographic looking at U.S. agricultural trade with Panama which saw $683 million in agricultural exports from the U.S. in 2018.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
LIne graph showing the growth of U.S. ag exports to Panama from 2002-2016. U.S. ag exports to Panama in 2016 reached $670 million.
Infographic showing U.S. agricultural exports to Panama in 2016. Total U.S. agricultural exports reached $670 million.
Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
Graphic illustrating the growth of U.S. agricultural exports in response to trade agreements over the past 70 years.