QUANTIFYING THE IMPACTS OF TRADE AGREEMENTS AND TRADE DISRUPTIONS IS AN ESSENTIAL COMPONENT OF SOUND PUBLIC POLICY. THIS PROJECT WILL ENHANCE OUR ABILITY TO ANALYZE TRADE POLICY AND ITS DISTRIBUTIONAL CONSEQUENCES. WE WILL CREATE A MODELING SYSTEM FOR THE PURPOSE OF EVALUATING TRADE POLICY AND ITS IMPACT ACROSS SECTORS, INCLUDING MAJOR AGRICULTURAL EXPORTS. MORE DETAILED ANALYSIS ON SPECIFIC INTERNATIONAL MARKETS LIKE CORN, SOYBEANS, AND PORK PRODUCTS WILL BE CONSIDERED IN THE CONTEXT OF A FRAMEWORK THAT CONSISTENTLY REPORTS AGGREGATE IMPACTS. THE MODELING SYSTEM PROVIDES A NEW TOOL THAT ASSESSES THE IMPACTS OF TRADE POLICY ON U.S. AGRICULTURAL OUTPUT, EXPORTS, FARM INCOME, AND OVERALL ECONOMIC PERFORMANCE. THE PROJECT PROVIDES A METHOD OF RECONCILIATION OF TRADITIONAL ECONOMY-WIDE MODELS AND TRADITIONAL COMMODITY-SPECIFIC MODELS. A KEY COMPONENT OF THE PROJECT IS TO IMPROVE OUR REPRESENTATION OF AGRICULTURAL PRODUCTION, CONSUMPTION, AND TRADE IN CHINA. THE SPECIFIC POLICY APPLICATIONS WILL INFORM THE CURRENT POLICY DEBATE OVER THE USMCA (RENEGOTIATED NAFTA) AND THE TRADE DISPUTE BETWEEN THE U.S. AND CHINA.