Trade Mitigation, NAEGA Targets Markets for FAS

This week, NAEGA wrote to USDA FAS outlining potential opportunities for market development funding which could provide for increases in U.S. export sales and assist if current markets sales decrease significantly.  The letter followed a request from USDA FAS related to the USDA efforts to provide for mitigation in response to retaliatory tariffs against U.S. trade actions.  Increased funding of the USDA FAS Trade Promotion Program (TPP) could be used to provide for increased funding needed for the actions NAEGA proposes. Increases in TPP funding are part of a $12 billion aid package to agriculture that USDA announced on Tuesday, July 24 (see “USDA plans to mitigate new tariffs” in the news section). A copy of the NAEGA letter to USDA can be found here.