Impact trade agreement deal has on Northwest agriculture
KENNEWICK, Wash. -- Trade agreements with three foreign countries are expected to make a big impact for farmers in Washington.
Congress has approved deals with Panama, Colombia, and South Korea. The new agreements should increase U.S. exports and lift tariffs.
The apple, cherry, and potato industries say they're excited about the move because it should add jobs and bring more money to the state.
"Our guess in Colombia is approximately 2 to 250,000 more cartons will go in as compared to last year. At probably an aggregate number of $4 million dollars," explains Todd Fryhover of the Washington Apple Commission.
The Apple commission says out of the three countries, Colombia will be the biggest customer.
Cherry and potato growers should also benefit from the new agreements. The state potato commission says they'll probably see a $10 million to $35 million dollar boost in business, thanks to those three countries.