On July 19, U.S. Secretary of Agriculture Sonny Perdue announced the allocation of additional funding under USDA’s Agricultural Trade Promotion Program (ATP), a key component of the Trump administration’s trade mitigation package designed to address the adverse effects of retaliatory measures impacting exports of U.S. agricultural products.
The U.S. Meat Export Federation (USMEF) is one of 48 organizations that will receive additional ATP funding through the USDA Foreign Agricultural Service (FAS). USMEF President and CEO Dan Halstrom issued the following statement:
While there has been progress in recent weeks in removing retaliatory measures imposed on U.S. red meat exports, the obstacles these products face in international markets are still significant. USMEF greatly appreciates the Trump administration’s authorization of additional ATP funding – an investment that will help USMEF and other organizations defend our existing market share and develop new markets for U.S. agricultural exports.