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The United States is already Korea's top supplier of a broad variety of agricultural exports at $2.85 billion ($3.4 billion including fish and forest products) in 2006, making Korea the sixth largest export market for U.S. farm products.

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"Trade fosters human opportunities that build hope and give people a stake in their society's success."

John D. Negroponte
Deputy Secretary of State
September 18, 2007

Site Updated: May 16, 2008

News Highlights

Image of Colombia Tariff Ticker, showing $1,00,313,058 and 531 days. Click to go to trade.gov.

$1,000,000,000 Tax on U.S. Exports to Colombia

Washington (May 5)—Commerce Secretary Carlos M. Gutierrez today released the following statement regarding the estimated tariffs imposed on American-made goods exported to Colombia. Since the signing of the U.S.-Colombia Trade Promotion Agreement (TPA), American goods have faced more than an estimated $1 billion in Colombian tariffs. Tariffs are taxes that make American goods more expensive and less competitive. (More)