Bill Barrett: “As agricultural subsidies decline, we must allow and encourage expansion of markets for U.S. agricultural commodities.…”

“As agricultural subsidies decline, we must allow and encourage expansion of markets for U.S. agricultural commodities. MFN to China leaves important trade avenues open, benefiting family farms, ranches, and businesses. China has the potential to becomes the largest importer of American agricultural products. Currently, China is the largest importer of American wheat. During 1995, agricultural sales to China totalled $2.6 billion, more than double the 1994 sales. Mr. Speaker, we all detest China's notorious human rights record. But, if we don't extend MFN to China, we may lose all positive leverage we now have. As well, United States companies in China set a high standard of management practices--benefiting their employees as well as changing the management strategies of other companies competing in the labor market. If we don't extend MFN to China nobody wins. United States farmers, ranchers, and businesses lose, and the people of China lose as well.”