[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]Trans-Pacific Partnership text public[/title][fusion_text]Friday, November 6th 2015
The release of the Trans-Pacific Partnership text makes public for the first time details of the tariff cuts and restrictions on foreign import barriers that could benefit U.S. food and agricultural exports. The 30 chapters of the 12-nation agreement include a section detailing its tariff cuts for beef, pork, grain and other commodities, as well as other market access provisions. That chapter includes new standards intended to facilitate trade in agricultural biotechnology. The release of the text triggered the process for congressional and ratification of the deal. Under the Trade Promotion Authority law enacted this summer, the text of a trade agreement must be released at least 60 days before President Obama can sign it. Congress will consider it later. Separately, the White House sent a letter to Congress formally announcing the president’s intent to sign the agreement.
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