Pacific Rim nations ring in new year with a trade deal shutting out U.S. farmers
Share Now on:
As of this week, there are some tariffs around the world that are falling. Six Pacific Rim nations, including Japan, Australia and Mexico, are lowering tariffs for a number of products and services, with five other countries set to join in once their governments formally ratify the deal. Notably absent from the party? The United States. Outside the deal, American farmers will face higher tariffs and trade barriers to key markets around the world.
Click the audio player above to hear the full story.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?