Adrian Smith: “I stand in strong support of this trade agreement that will open up U.S. production to over 40 million consumers close…”

“I stand in strong support of this trade agreement that will open up U.S. production to over 40 million consumers close to our shores. While the national economic and strategic impact of the Colombia agreement is very important, obviously the increased marketing opportunity for Nebraska is tremendous as well. Specifically for agriculture, the agreement with Colombia will lead to gains for Nebraska's major commodities, such as soybeans and wheat. Currently, all U.S. ag exports to Colombia face tariffs. Upon implementation of the agreement, three-quarters of Colombia's tariff lines will become duty free for U.S. exports. Specifically, Colombia places an 80 percent tariff on U.S. beef imports today, making it one of the highest tariffs on U.S. beef in the world. This agreement changes that. Colombia has also lifted unscientific restrictions. Colombia will recognize the equivalence of the U.S. food safety system for meat, poultry, and processed foods--a significant victory for U.S. livestock producers. I want to make sure Nebraska products and producers make the most of the opportunities provided by international sales to increased exports.”