Historic US-UK Trade Deal Puts American Farmers First
Originally published by the Washington Examiner
President Donald Trump announced a historic trade agreement in principle with Prime Minister Keir Starmer of the United Kingdom on May 8. The timing was symbolic, coinciding with the 80th anniversary of Victory in Europe Day. The deal is a major win for the United States and an especially significant breakthrough for American farmers and ranchers. Rural America, burdened by a $49 billion trade deficit at the start of the year, can finally exhale. This is also a beacon of hope for the future.
The agreement opens the door to $5 billion in new U.S. exports to the U.K., with major gains for our farmers, ranchers, and producers. It includes more than $700 million in ethanol exports and roughly $250 million in other agricultural goods, such as beef. Rice farmers across Louisiana, Arkansas, and other states stand to gain access to the U.K. market, possibly up to $100 million in unrestricted access. The agreement is consistent with policies within the America First Policy Institute’s Farmers First Agenda and State of the Farm Economy Fact Sheet, which call for expanding opportunities for exports of American agricultural products abroad, including through the elimination of other countries’ tariff and non-tariff trade barriers.
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