Trump’s China Focus Imperils $14 Billion in Japan Farm Sales

02/22/2019

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Isis Almeida, Shruti Date Singh and Lydia Mulvany | Bloomberg

(Bloomberg) — Bill Flory sends about a quarter of the wheat he grows in Idaho to Japan, a country so key to the fourth-generation farmer that he’s visited there three times in five years.

Now he’s worried. While Canada, Australia and the European Union have all recently secured new or adjusted trade deals with Japan, the U.S. has not. That could give rivals an edge on prices with a customer that regularly imports about $14 billion a year in U.S. agriculture and farm-related products.

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