1 / 14

Impacts of US Trade Policies on Southern Agriculture: Insights from Unilateral Trade Sanctions

This presentation explores the history of US trade sanctions, their impacts on agriculture, and specifically focuses on the case of Cuba. It discusses the economic consequences of trade sanctions and emphasizes the importance of staying informed and objective in order to mitigate potential harm to agricultural producers.

strayhorn
Download Presentation

Impacts of US Trade Policies on Southern Agriculture: Insights from Unilateral Trade Sanctions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Unilateral Trade Policies andSouthern AgriculturePresentation at SAEA Organized Symposium:The Impacts U.S. Trade Policieson Southern Agriculture Lynn Kennedy and Flynn Adcock Center for North American Studies Louisiana State University and Texas Agrilife Research Prepared for the SAEA Annual Meetings Dallas, TX February 4, 2008

  2. Overview • History of U.S. Trade Sanctions • Impacts of Trade Sanctions on Agriculture • The Case of Cuba – Economic Impacts • Summary and Implications

  3. History of U.S. Trade Sanctions • The U.S. has imposed trade sanctions on numerous countries for various stated reasons since 1950 • North Korea – War, Nuclear Weapons • Vietnam – War, MIA Issues • Cuba – Communist Takeover, African Involvement • Libya – Support of Terrorism, Pan Am 103 • USSR – Invasion of Afghanistan • Iran – Support of Terrorism, Suspected WMDs • Sudan – Civil War, Human Rights, Terrorism • Iraq – Invasion of Kuwait, Suspected WMDs • Each time, important markets lost, especially Cuba, and especially for rice, wheat, and other grains • Now trading with, or at least exporting to, most, but lost market share over the years

  4. Likely New Record in 2007

  5. Economic Impacts of Southern U.S. Exports to Cuba, 2006

  6. Byrd Amendment/Crawfish • The Byrd Amendment directed the U.S. Bureau of Customs and Border Protection to distribute monies to companies that petitioned or supported antidumping and countervailing duty actions. • In the case of the U.S. crawfish industry, companies that did not petition or support antidumping actions against Chinese crawfish imports were not included in a $7.5 million payout by Customs as a result of a 1997 antidumping order on crawfish tailmeat imports from China.

  7. Byrd Amendment/Crawfish

  8. Summary and Conclusions • Many Times Agriculture Has Borne Disproportionate Share of the Burden • Sanctions Are Disruptive, May Harm US Producers & Likely Ineffective if Unilateral • Southern Rice, Corn, Wheat, Meats Harmed by Sanctions • US Ag Export Growth to Cuba Impressive-Likely Politically Motivated • Economic Impacts to Southern U.S. is Substantial

  9. Implications • As Sanctions are Lifted, There is an Educational Role to Inform • Important to Be Objective, Staying Out of the Political Fray • Staying Out of the Process may Cost Producers in some Cases (Byrd/Crawfish) • Geopolitical Considerations Always Trump Agricultural Interests

More Related