The White House today released the text of the Trans-Pacific Partnership trade agreement, which Agriculture Secretary Tom Vilsack calls “an important step forward in the process to make this landmark agreement for U.S. agriculture a reality.”
According to Vilsack, the text confirms that this agreement “will expand U.S. agricultural exports, generate more rural economic activity, and support higher-paying American jobs” and he encourages “farmers and ranchers to take a look at what’s in the deal for them.”
Those ag groups that have are responding as expected.
National Farmers Union (NFU) President Roger Johnson says the final text “appears to be as bad for America’s family farmers and ranchers as we had feared.”
“This agreement has been peddled to farmers and ranchers as a potential goldmine for farm exports,” says Johnson. “But as with other trade deals, these benefits are likely to be overshadowed by increased competition from abroad, paired with an uneven playing field that will not only reduce revenues for farmers and ranchers but will also speed the loss of U.S. jobs.”
On the other hand, the National Pork Producers Council expressed unequivocal support for the TPP deal and called on the U.S. Congress to expeditiously pass the agreement.
“Past U.S. free trade agreements (FTAs) have demonstrated the importance to our industry of opening international markets,” said NPPC President Dr. Ron Prestage. “TPP will provide benefits to our producers that dramatically exceed those of prior trade agreements. I assure you that pork producers across this great nation will do whatever it takes to get TPP passed by Congress and implemented.”