Items Tagged with 'free trade agreement'

The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.

U.S. Trade Representative Katherine Tai continued her defense of a Biden trade agenda that does not so far include traditional free trade agreements with other nations, but several senators strenuously pushed back, arguing that the U.S. is being left behind on the international stage as China pushes forward with new tariff-slashing pacts.