(Posted Wed. Jan 21st, 2015)
With President Obama and Sen. Joni Ernst each highlighting the importance of trade in the 2015 State of the Union address and Republican response, the National Corn Growers Association urged passage of bipartisan Trade Promotion Authority legislation this year.
“Modernized TPA improves our nation’s ability to advance trade agreements that open markets for U.S. farmers,” said NCGA President Chip Bowling. “Ag exports, at nearly $150 billion, support over one million American jobs.”
Currently, the United States is pursuing an ambitious set of trade negotiations, including the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership. Trade Promotion Authority legislation, which renews the president's authority to submit trade agreements to Congress for an up-or-down vote without amendments, is critical in finalizing agreements such as TPP because it assures our trading partners that a final deal won't be altered by Congress.
“We are encouraged by Senator Ernst’s call to work together and tear down trade barriers. Couple TPA with normalized relations with Cuba, and farmers and consumers – both here and abroad – will benefit,” Bowling said.