Changes in the Multilateral Trading System: Impacts to U.S. Agriculture
AAEA members discuss during a C-FARE webinar
The World Trade Organization (WTO) has been a very successful system for the governance of international trade, progressively lowering tariffs and stimulating trade growth. Despite the fact that the United States played a significant role in establishing the WTO, as well as historically driving multiple rounds of trade negotiations, its current trade policy will notably change the global agricultural trading system. Unilateral implementation of tariffs by the United States has resulted in extensive international retaliation by competitors. Such countermeasures have targeted key U.S. agricultural exports such as soybeans, corn, wheat and processed pork. Future changes to U.S. trade policy, therefore, will impact U.S. agriculture in export markets, opportunities for U.S. competitors, and WTO dispute resolution.
In a free webinar taking place today at 11:00 am CST, “Changes in the Multilateral Trading System: Impacts to U.S. Agriculture,” the Council on Food Agricultural and Resource Economics (C-FARE) is pulling together some experts to speak on the issue. Amanda Countryman from Colorado State University, Joe Glauber from IFPRI, and Jason Grant from Virginia Tech will present, with Ian Sheldon from The Ohio State University as the moderator.
C-FARE (www.cfare.org) is a non-profit organization. The scope of C-FARE's activities is consistent with the broad and growing range of subject matter areas that comprise the agricultural and applied economics profession. Included among the subject matter areas are the economics of food production, distribution and consumption; international trade and development; macroeconomic issues; natural and human resources; environmental quality; rural and agribusiness management; public policy; legal-economic issues; and others. C-FARE also develops linkages to other rural and agricultural sciences.
To participate in the webinar, please visit: https://www.cfare.org/new-blog/trade2019webinar
ABOUT AAEA: Established in 1910, the Agricultural & Applied Economics Association (AAEA) is the leading professional association for agricultural and applied economists, with 2,500 members in more than 60 countries. Members of the AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development. The AAEA publishes two journals, the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices and the online open access publication series Applied Economics Teaching Resources. To learn more, visit www.aaea.org.
Contact: Allison Scheetz
Senior Communications Manager