USA rice trade barriers reinforced in USTR’s annual national trade estimate report

Published 2024년 4월 4일

Tridge summary

On March 29, the U.S. Trade Representative (USTR) published the 2024 National Trade Estimate (NTE) Report, a comprehensive document of nearly 400 pages that identifies foreign trade barriers to U.S. exports, including goods, services, and e-commerce. Informed by industry inputs, including significant contributions from USA Rice, the report highlights various global market barriers that, if resolved, could potentially increase U.S. rice exports by over $464 million. The NTE Report aims to guide USTR's efforts in negotiating the removal of these barriers, particularly those that lack a legitimate public policy justification. Key challenges outlined include import licensing and quota allocations in countries like Honduras and Panama, price controls in Taiwan and Japan, and the effects of domestic support programs in India and China on global rice prices and U.S. market competitiveness.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

WASHINGTON, DC - Last Friday, March 29, the Office of the U.S. Trade Representative (USTR) published their 2024 National Trade Estimate (NTE) Report, an annual publication detailing foreign trade barriers faced by U.S. exporters. The release of the 2024 NTE Report follows the March 1, 2024, release of the 2024 President’s Trade Policy Agenda and 2023 Annual Report. Spanning nearly 400 pages, the report provides a comprehensive review of significant foreign barriers to U.S. exports of goods (including agriculture) and services, U.S. foreign direct investment, and U.S. electronic commerce in key export markets for the United States. In October, USA Rice submitted comments to USTR that outline U.S. rice-specific barriers in markets throughout the globe in preparation for the 2024 NTE. USA Rice adjusts the annual submission each year as export situations continuously change. The USTR and sister agencies such as the U.S. Departments of Agriculture, Commerce, State, and Treasury ...

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