Hoeven Statement After Signing of U.S.-Japan Trade Agreement
Agreement Lifts Tariffs on $7.2 Billion of U.S. Agricultural Products
BISMARCK, N.D. – Senator John Hoeven, chairman of the Senate Agriculture Appropriations Committee and a member of the Agriculture Committee, issued the following statement after the President held a formal signing ceremony for the U.S.-Japan Trade Agreement. The agreement benefits U.S farmers and ranchers by lowering or eliminating tariffs on $7.2 billion of U.S. agricultural products, including fresh and frozen beef and pork, wheat, frozen potatoes, dairy products and ethanol.
“This agreement is welcome news for our farmers and ranchers as it opens up the Japanese market to more than $7 billion in U.S. agriculture products,” Hoeven said. “Not only that, but it will put increased pressure on China to reach an agreement. Now, we need the House to pass the USMCA, which has strong support in the Senate, so we can get it in place and provide additional certainty for our farmers, ranchers and other industries.”
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