Iowa delegation reports on Japanese trade deal

DES MOINES, Iowa -- Iowans currently on a trade mission in Japan are seeing, first hand, the status of a trade deal with the U.S.

"Right now it's moving through the lower house. They anticipate it moving to the upper house with the goal of having it finalized in December, taking effect in January" says Iowa Governor Kim Reynolds.

She says once it takes effect, work will begin on the second phase of the agreement.

The trade deal calls for Japan to eliminate or lower tariffs for certain U.S. agricultural products.

The agreement is seen as critical to Iowa agriculture, as Japan is the state's third largest trading partner.

The Governor's office says Japan is the second largest destination for Iowa corn--$491 million worth last year. In total, Iowa exported $1.5 billion worth of goods to Japan in 2018.

Governor Reynolds and Iowa Agriculture Secretary Mike Naig are leading the 24-member Iowa trade delegation to Japan.

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