Hartzler Applauds Trump Administration on Revamped Trade Deals
WASHINGTON, D.C. – Congresswoman Vicky Hartzler (MO-4) issued the following statement on the progress President Trump and the administration has made on trade, particularly the passage of the U.S.-Mexico-Canada Agreement (USMCA) in the Senate and the signing of Phase I of the China trade agreement:
“I’m incredibly happy to see all the progress on trade being made by President Trump, Trade Ambassador Robert Lighthizer, the Office of the U.S. Trade Representative, and the entire Trump administration. Trade is paramount to our economy, our farmers and small businesses, American manufacturers, and every American family. With over 95 percent of the world’s population living outside our borders, we need to do everything possible to expand opportunities to sell more American products to consumers in other nations. It is also important that trade agreements be fair and up-to-date in today’s business environment. Passage of the USMCA and the signing of Phase I trade deal with China accomplishes this and moves us forward as a nation.,” Hartzler said.
This week, the U.S. Senate passed the final version of the USMCA by an 89-10 margin. With Congresswoman Hartzler’s support, the USMCA passed the U.S. House of Representatives last month after the agreement spent more than a year in limbo because of objections from Speaker Pelosi and House Democratic leadership.
“The USMCA, which has been held up for well over a year, is a win for Missourians and a win for all Americans, bringing 176,000 new jobs to the U.S. and spurring $68 billion in new economic activity. It opens up new markets for our agricultural products to Canada, expands automobile manufacturing in America, and provides new opportunities for small businesses by dedicating a special chapter of the agreement to expanding and protecting internet-based sale opportunities,” Hartzler said.
“For Missouri’s 6,008 exporting companies, 85 percent of which are small- and medium-sized businesses with less than 500 workers, this agreement means increased opportunities for product markets, benefiting both producers and consumers. I am excited about the new opportunities for consumers across the globe to experience products made in Missouri, by Missourians.”
Additionally, President Trump and the U.S. Trade Representative’s office announced that the U.S. has officially signed Phase I of the trade agreement with China this week.
“With this agreement, we secure historic gains towards expanded, free, and fair trade with China. Phase I works to protect U.S. intellectual property, end China’s practice of demanding the transfer of U.S. technology for market access or government approvals and streamlines China’s biotechnology approval process to ensure U.S. producers have timely access to one of the world’s largest markets,” Hartzler said.
“The agreement addresses non-tariff barriers for several U.S. agriculture products, promotes currency transparency, and a commitment by China to purchase an additional $200 billion worth of U.S. goods and services over two years. Importantly, Phase 1 has a dispute resolution ensuring both parties implement the agreement effectively and mechanisms are in place to ensure compliance as the Administration builds upon this work in a Phase 2 agreement.”
“While several trade issues with China remain unaddressed, Phase 2 discussions will begin soon, and our country will benefit from the substantial progress made today. I applaud the Administration on this historic achievement and welcome this win for our country,” Hartzler concluded.