More on Trade
Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement after attending the signing of the “Phase One” China trade agreement today at the White House:
As we begin a new year, I find it useful reflect on past successes while building plans for the future. In 2019, we faced many challenges, but we also found several solutions to which will benefit Nebraska families, farmers, ranchers, and small businesses.
Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement after the House of Representatives passed legislation to enact the United States–Mexico–Canada Agreement (USMCA) today:
“After much hard work and negotiations by the administration, I am incredibly pleased were able to come together to enact this trade agreement which will greatly benefit Nebraska’s, and America’s, producers, consumers, and businesses small and large.
Trade is critical to rural states such as Nebraska. Producers, manufacturers, and consumers all benefit from sound trade policies which expand access to international markets. One of the primary reasons I joined the Ways and Means Committee, is to seize opportunities to reduce tariffs, remove artificial barriers, and ensure all Nebraskans can benefit from fair, open markets. Fortunately, within the past week, we received great news on two massive trade wins for the United States, and Nebraska in particular.
Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement regarding the imminent announcement of the completed United States–Mexico–Canada Agreement (USMCA):
During this era of polarized politics, sometimes good news can fall through the cracks. Such was the case recently, when the United States and Japan completed “Phase One” of a trade agreement.
This agreement is huge for American agriculture, and Nebraska agriculture in particular. Currently, Japan is Nebraska’s number one trade market for beef, pork, egg and wheat exports. These accomplishments have come despite existing Japanese tariffs and trade barriers on U.S. agriculture products.
Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement regarding the completion of “Phase One” of a trade agreement between the United States and Japan.
As we enter the end of summer and the beginning of fall, we have a few things to anticipate: harvest, back-to-school, and Husker football. It also means Congress will reconvene following work done across our districts.
There are many things to work on when Congress reconvenes in September. I hope our focus will be trade. It is incredibly important to our economy, particularly agriculture, and we should always be looking to expand markets for American goods and services. Trade is one of my top priorities in the Committee on Ways and Means, which has jurisdiction over trade.
Trade agreements reduce trade barriers, which promotes economic growth and cooperative relationships between nations. Because 95 percent of consumers reside outside U.S. borders, we must constantly be looking for ways to increase access to foreign markets and ensure America’s competitiveness in an increasingly global marketplace. Negotiating trade agreements reduce tariffs between countries and open previously closed markets. Trade with foreign nations represents tremendous opportunities for the American economy.
Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement regarding an agreement reached by the United States, Canada, and Mexico to remove tariffs on steel and aluminum imports (Section 232).