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Policy Spotlight: Agricultural Trade Policy

In: Agricultural Policy of the United States

Author

Listed:
  • Stephanie A. Mercier

    (Farm Journal Foundation)

  • Steve A. Halbrook

    (University of Arkansas at Fayetteville)

Abstract

In this chapter, we discuss the fact that for the first 140 years of the United States, exports from this country, primarily to Europe, were dominated by agricultural products. Nonetheless, the US government did not pursue expansion of US agricultural exports as an explicit policy objective until 1930, starting with the creation of the Foreign Agricultural Service, charged with providing specific staff in key US embassies to cover agricultural issues. The current toolbox of US agricultural trade policy consists of trade promotion and export credit programs, working to dismantle sanitary and/or technical barriers to US agricultural products in foreign markets, and systematically negotiating reductions in tariffs on agricultural imports and other trade barriers under free trade agreements.

Suggested Citation

  • Stephanie A. Mercier & Steve A. Halbrook, 2020. "Policy Spotlight: Agricultural Trade Policy," Palgrave Studies in Agricultural Economics and Food Policy, in: Agricultural Policy of the United States, chapter 0, pages 315-332, Palgrave Macmillan.
    • Handle: RePEc:pal:psachp:978-3-030-36452-6_18
    DOI: 10.1007/978-3-030-36452-6_18
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