{"id":3722,"date":"2015-04-09T13:53:54","date_gmt":"2015-04-09T13:53:54","guid":{"rendered":"https:\/\/grains.org\/ltamex\/ustr-usda-reports-tell-story-of-tradeaes-impact\/"},"modified":"2015-04-09T13:53:54","modified_gmt":"2015-04-09T13:53:54","slug":"ustr-usda-reports-tell-story-of-tradeaes-impact","status":"publish","type":"post","link":"https:\/\/grains.org\/ltamex\/ustr-usda-reports-tell-story-of-tradeaes-impact\/","title":{"rendered":"USTR, USDA Reports Tell Story of Trade\u00e2\u20ac\u2122s Impact"},"content":{"rendered":"
As the trade policy debate continues in Washington, recent releases by the Office of the U.S. Trade Representative (USTR) and the U.S. Department of Agriculture\u00e2\u20ac\u2122s (USDA\u00e2\u20ac\u2122s) Foreign Agricultural Service (FAS) highlight the potential, barriers to, and impacts of trade. This is information important to framing the discussion about trade particularly as Congress considers when and how to consider trade promotion authority (TPA).<\/p>\n
Reports from USTR are now available on both the President\u00e2\u20ac\u2122s trade agenda and existing trade barriers facing U.S. exports.<\/p>\n
U.S. exports in 2014 topped $2.35 trillion and supported more than 11 million U.S. jobs, according to the trade agenda report. Ninety-five percent of the world\u00e2\u20ac\u2122s population and three-quarters of global purchasing power are outside the United States, and emerging economies are generating the world\u00e2\u20ac\u2122s fastest economic and demand growth. For U.S. agriculture, exports generated 20 percent of farm income and accounted for a record $155 billion in foreign sales last year.<\/p>\n