Trade
More on Trade
Washington, D.C. – Today, Rep. Adrian Smith (R-NE), Chairman of the Ways and Means Trade Subcommittee, released the following statement after the Office of the United States Trade Representative (USTR) announced their intent to formally request technical consultations on Mexico’s decree on biotech corn pursuant to the Sanitary and Phytosanitary (SPS) Chapter of the United States-Mexico-Canada Agreement (USMCA):
Washington, D.C. – Today, Ways and Means Trade Subcommittee Chairman Adrian Smith released the following statement on the Biden administration's 2023 Trade Policy Agenda and 2022 Annual Report:
When the United States-Mexico-Canada Agreement (USMCA) was approved by Congress and signed into law by President Trump in 2020, it received widespread bipartisan support. The USMCA was a historic achievement for trade relations between the U.S. and two of our most significant trade partners, and the United States’ strong posture throughout USMCA negotiations should serve as a model for future trade agreements.
Washington, D.C. – Today, Rep. Adrian Smith (R-NE) was named Chairman of the Trade Subcommittee of the House Ways and Means Committee. Smith released the following statement:
This week, we officially gaveled in the 118th Congress. With Kevin McCarthy as Speaker of the House, I know House Republicans will deliver on our Commitment to America to restore a government that’s accountable, a nation that’s safe, an economy that’s strong, and a future that’s free.
Christmas is going to look different for many Americans because of ongoing supply chain challenges and soaring inflation. We have seen shortages of items such as appliances, jewelry, electronics, holiday food items such as turkey, and even Christmas lights and trees. Faced with a serious hike in input costs, more than 70 percent of wholesale Christmas tree growers have been forced to increase their prices by up to 15 percent over last year.
Washington, D.C. – Today, Reps. Adrian Smith (R-NE) and Dan Kildee (D-MI) led members of the powerful House Ways and Means Committee in a letter to United States Trade Representative Katherine Tai. In the letter, the members raise concerns about the Mexican government’s failure to adhere to their biotechnology commitments under the United States-Mexico-Canada Agreement (USMCA) and the need for immediate enforcement action.
Washington, D.C. – Today, Rep. Adrian Smith (R-NE), Lead Republican of the Ways and Means Trade Subcommittee, released the following statement on the Biden administration’s support of extending the deadline for the World Trade Organization (WTO) to decide whether the TRIPS waiver should extend to diagnostics and therapeutics:
As many of you know, this harvest season has been a tough one for Third District farmers. Arid conditions across Nebraska contributed to an expedited harvest completion and severely diminished yields. Ongoing drought has taken its toll, and yields for crops such as corn, soybeans, sugar beets, and sorghum are expected to be down significantly from last year. As consumers face record inflation at the grocery store and we’re seeing global food insecurity, we must do what we can to reduce barriers, not add them, for Nebraska farmers to feed and fuel America and the world.
This week I participated in a Ways and Means Committee hearing on the future of our trade relationship with Taiwan. The hearing explored opportunities provided by ongoing trade talks between the U.S. and Taiwan. In the midst of increased pressure from China through dialed-up military exercises and heavier tariffs, Taiwan is eager to strengthen ties with the U.S. and our democratic values. Done right, expanding our trade relationship could be a win for American businesses and consumers, and a win for democracy.