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GTAP Resource #5670

"How Differing Trade Policies May Impact U.S. Agriculture: The Potential Economic Impacts of TPP, USMCA, and NAFTA"
by Chepeliev, Maksym, Wally Tyner and Dominique van der Mensbrugghe

In the last two years, the United States has reversed the post-World War II trend toward the lowering of trade barriers and a commitment towards multilateral free trade. Citing a need to “level the playing field” and hold trading partners accountable to their commitments, the current Administration has moved towards a more protectionist and perhaps mercantilist position vis-à-vis trade policy. One of the Administration’s first actions in this regard was the decision to leave the Trans-Pacific Partnership (TPP) agreement, followed thereafter by raising tariffs on steel and aluminum imports. The Administration’s actions on trade are likely to have significant implications for U.S. farmers as these actions target three of the largest markets for U.S. agricultural exports – Canada, China and Mexico – accounting for some 44%, and representing an average of $63 billion, of U.S. agricultural exports 2013 to 2015.

Commissioned by the Farm Foundation

Farm Foundation Forum (March 4, 2019)

Farm Foundation Forum (October 31, 2018)

Resource Details (Export Citation) GTAP Keywords
Category: Working Paper
Status: Published
By/In: GTAP Working Paper No. 84; Farm Foundation
Date: 2018
Created: Batta, G. (11/1/2018)
Updated: Chepeliev, M. (4/30/2019)
Visits: 10,046
- Agricultural policies
- Non-Tariff barriers
- The GTAP Data Base and extensions
- North America

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  File format GTAP Working Paper No. 84 (Feb 2019)  (1,012.9 KB)   Replicated: 0 time(s)
  File format GTAP Working Paper No. 84 (Oct 2018)  (732.9 KB)   Replicated: 0 time(s)

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