On the recordJuly 22, 2004
I would like to pause for a moment and thank those who made this possible. I would like to thank those negotiators at the U.S. Trade Representative who worked long and hard hours with the Moroccans to make this agreement possible. This is a great product. This is a great thing. Now, specifically, why is this beneficial to our constituents? Why is this good for America? Well, number one, manufacturing, a very important sector to our economy especially in my home State of Wisconsin. This is a great deal for manufacturing. This gets rid of the tariffs on our manufacturing goods going to Morocco. Number two, and even more important, agriculture. For every $1 of imports we take from Morocco in imports, we export $10. This is a great agreement for agriculture, especially since the Europeans, who enjoy a 50 percent higher trade flow advantage with Morocco than we have at the present time, do not have an agreement with Morocco on agriculture.
Source
govinfo.gov




