The American Farm Bureau is calling on the Biden administration to use the proposed Indo-Pacific Economic Framework to grow American agriculture exports to the region. The organization says America’s farmers and ranchers rely on export markets for more than 20 percent of agricultural production. While the IPEF is a strong start toward improving relationships and reaching new agreements with the region’s countries, it should also include a strategy of creating binding commitments and improving market access through reduced tariffs. “Trade is critically important to the current prosperity of U.S. farmers and ranchers,” says AFB President Zippy Duvall. “We need a continuing focus by the administration on removing trade barriers to our agricultural products and expanding market access for American goods throughout the world, including the Indo-Pacific region.” He also says that American agriculture depends on growing and stable export markets for the success of their businesses. Expanding trade opportunities is critical to continued success.
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