Mr. Speaker, American agriculture plays a key role in the U.S. trade economy. The contributions of agricultural exports to the U.S. economy are impressive such as near record farm exports of just over $57 billion in 1997 and a positive trade balance of $21 billion among the largest of any economic sector. Additionally the U.S. agricultural economy is more than twice as reliant on exports as the overall economy. This reliance makes agricultural specific embargoes especially painful for American farmers and ranchers. I believe H.R. 4647 provides a vital and necessary foreign policy check and balance system. My legislation would require congressional review and approval of both houses of Congress if the President imposed an agricultural specific embargo on a foreign country. H.R. 4647 would require the President to submit a report to Congress detailing reasons for the embargo and a proposed termination date.
Editor's note · Context
Discussing the importance of agriculture in trade and introducing H.R. 4647 regarding agricultural embargoes.
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