MANHATTAN, Kan. (WIBW) -- Sen. Jerry Moran released his statement on the recent trade agreement reached between the U.S. and Japan.
Sen. Moran said the deal is a win for Kansas farmers and ranchers.
He cited Japan's extensive involvement with Kansas Trade and the elimination of certain ethanol tariffs as reasons for commending the deal.
“The trade agreement between the United States and Japan is a win for Kansas farmers and ranchers,” Sen. Moran said. “Japan is the second largest export market for agricultural products from Kansas and this agreement will result in even greater market access for beef, wheat, sorghum and pork, and put American producers on a level playing field with our foreign competitors. It will also benefit Kansas dairy producers by expanding cheese exports, and will eliminate tariffs on certain types of ethanol. As farmers and ranchers continue to struggle with low commodity prices, we must continue to find new export opportunities for the food, fuel and fiber produced in Kansas. I commend President Trump, Ambassador Lighthizer and Ambassador Doud for their leadership in securing this much-needed victory for our producers.”
The trade deal reduces tariffs on products, ranging from agricultural products to digital goods. The deal covers roughly $55 billion of trade.
The deal was reached between President Trump and Japanese Prime Minister Shinzo Abe in August and finalized in late September.