Report Highlights Benefits Of Trans-Pacific Partnership

Posted by Rosemary Gordon|May 25, 2016

The recently released U.S. International Trade Commission’s (ITC) report on the potential economic impact of the Trans-Pacific Partnership (TPP) provides many examples of the benefits this free trade agreement would provide.

The National Potato Council (NPC) has previously touted the expanded trade opportunities and lowered tariffs that the agreement would ensure. The ITC report confirms that lower tariffs on exports would allow potato growers and exporters to meet the rising demand in the Asia-Pacific region by making U.S. potatoes and potato products more competitive in those markets.

“Where pennies in price can make the difference in which country makes the sale, reductions to tariffs faced by U.S. potato products in Japan and Vietnam will allow the industry to compete more effectively with our competitors,” said NPC Executive Vice President and CEO John Keeling. “The National Potato Council supports TPP and urges its passage before the next President of the U.S. takes office.”