Last year, Iowa farmers exported more than $225 million in soybeans, corn, beef, pork, and dairy to Taiwan — already America’s fourth-largest trading partner. With a new trade agreement on the table, that number is set to grow.
The problem: For years, tariffs as high as 26% made it harder for Iowa products to compete in Taiwan’s market, even as demand continues to grow for everything from beef and dairy to blended fuel.
What’s new: We pushed for — and helped deliver — a new agreement between Taiwan and the U.S. to eliminate those barriers. It removes tariffs on 94% of the products we grow and raise right here in Iowa. It’s signed by President Trump and Taiwan’s President Lai Ching-te, and now awaits final approval in Taiwan’s legislature.
I’ve heard directly from Iowa producers in roundtables and listening sessions: agreements only matter if they translate into real demand and new markets. That’s why I traveled to Taiwan last week — to make sure Iowa has a seat at the table as these new opportunities take shape.
Why it matters: A stronger trade partnership with Taiwan means real results for Iowa producers. Taiwan currently blends fuel at just 3% ethanol today and produces none of its own. The commitments we secured to expand ethanol imports, lower trade barriers, and strengthen supply chains send a clear demand signal Iowa farmers and small businesses can count on for years to come.
Bottom Line: The agreement lays the foundation — now we need to get it across the finish line and ensure Iowa producers are first in line as these markets open and grow.