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On 17 May 2019, the United States and Japan struck a trade deal to lift the beef import ban, clearing the way for U.S. products to enter the market regardless of age. U.S. agriculture secretary Sonny Perdue hailed the trade deal, stating "This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious ...
Japan's import limit for American beef of 242,000 metric tons was reached in early March, and so tariffs will be raised from 25.8% to 38.5% for a month, starting Thursday through April 16 ...
The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Mexico is still the second largest trading partner of the United States after Canada. [1]
Since then, exports have also been made to the United States, Singapore, Switzerland, Thailand, [19] the United Kingdom [20] and Canada. [21] In some countries, including Canada, the United Kingdom and the United States, Wagyu cattle imported from Japan are farmed, either purebred or cross-bred with other beef breeds such as Aberdeen Angus. In ...
Along with beef, imports of seafood and US exports of chicken are being disrupted. Even short-term disruptions to shipments could snarl the broader US food supply chain, according to experts and ...
According to Texas-based cattle producer Pete Bonds, U.S. beef exporters face not only higher domestic prices, but also a stronger U.S. dollar, making American beef less attractive in ...
Japan is allowed "imports of beef and beef products aged 20 months or younger" as a "'scientifically sound and internationally recognized standard,'" stated US Agriculture secretary Mike Johanns. In contrast, the first phase of Korea's agreement allows bone-in beef 30 months or younger while the second phase allows "specified products from ...
According to USMEF data, the U.S. exported nearly 82,000 metric tons (more than 180 million pounds) of beef to South Korea during the first nine months of this year -- at a value of $383.8 million.
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