Catching up with USDA FAS: Russia, South Africa, Chile and more

11/04/2011 09:58:00 AM
Tom Karst

Korea-U.S. Free Trade: From the report: Upon implementation of the agreement, an estimated 70 percent of current U.S. orange trade with Korea will be subject to lower tariffs immediately. On “out-of-season” product entering during the March 1-August 31 period, Korea’s 50-percent tariff will immediately be reduced to 30 percent, and will then be reduced to zero in six equal annual installments.


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