From AFOA General Counsel, Olsson Frank Weeda:

Below are two client memorandums.

The first discusses today’s announcement regarding USTR’s action to impose a phased-in tariff on all imported Nicaraguan goods that are not originating under the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR).

The second includes an overview of yesterday hearing of the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies to review the FY26 funding priorities of the Office of the U.S. Trade Representative (USTR). The Honorable Jamieson Greer was the only witness. The hearing focused on the use of reciprocal tariffs as an enforcement tool to correct the $1.2 trillion trade deficit. This attached memorandum describes the most important takeaways for the agriculture industry, specifically on agricultural purchase commitments, trade diversification & new market access, the reciprocal tariff strategy, USMCA & rules of origin, and “managed trade.”

We will continue to monitor closely and will report all significant developments to you. In the interim, please do not hesitate to reach out to us with questions or requests for additional information.

OFW-Memo_USTR-Action-on-Nicaragua-Acts_12-10-2025.pdf

OFW Memo_Senate Appropriations Subcommittee_USTR FY26 Priorities_12 10 2025