6 Trade Deals That Benefitted U.S. Ag



The U.S.-Panama Trade Promotion Agreement came into effect on Oct. 31, 2012.

U.S. farm equipment, fertilizers and more than 50 percent of U.S. food exports gained duty-free access to the country upon the deal’s enactment. The rest of the tariffs are to be removed by 2027.

The U.S. exported more than US$500 million of ag products to Panama in 2011 before the deal took effect. That figure increased to US$683 million in 2018.

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