Ag trade deficit is multifaceted – Voice Of Muscatine

Ag trade deficit is multifaceted

An economist with the American Farm Bureau Federation says the United States’ lack of participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership is impacting ag exports.

Betty Resnick tells Brownfield, “We’re specifically seeing that impact exports to Asia and as the CPTPP is entering into force for a lot of our big trading partners specifically, for example, Vietnam.”

“They’re starting to import more from countries besides the United States for a lot of products,” she says.

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