For most americans whats newsworthy is not that the

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Unformatted text preview: ly. National Cattlemen's Collin Woodall says the US-Korea deal is key to meeting trade challenges from Australia and others. "We take what are the current 40 per cent tariffs on our product…we take that down to zero, over 15 years." Without the Korea deal, US beef could lose market gains made in the recovery from US mad cow cases in 2003. Gonzaga Debate Institute 2011 21 Mercury Politics Uniqueness – SKFTA Will Pass Now – AT – Trade Adjustment Assistance Prevents (1/2) SKFTA passing – compromise on TAA now Hoover, BizJournals Washington Bureau, 6/28/11 (Kent, “A Moment of Truth on Trade”,, 7.2.11, SWolff) President Obama got some good news today regarding his goal to double U.S. exports by 2015: A deal has been reached to advance three long-stalled free trade agreements. The Obama administration agreed to submit trade deals with South Korea, Colombia and Panama to Congress in return for legislation that would extend assistance to workers who lose their jobs as a result of globalization. “President Obama has fought for an ambitious trade agenda that doubles exports in five years, levels the playing field for American workers and reflects American values,” said White House Press Secretary Jay Carney. “As part of that agenda, he has fought for Trade Adjustment Assistance for those American workers who lose their jobs due to increased imports or outsourcing. As a result of extensive negotiations, we now have an agreement on the underlying terms for a meaningful renewal of a strengthened TAA.” “Now it is time to move forward with TAA and with the Korea, Colombia and Panama trade agreements, which will support tens of thousands of jobs.” Business groups have been urging quick passage of these trade deals, which will reduce tariffs in these countries on imports from the U.S. “For members of Congress who care about American jobs, this is a moment of truth,” said Tom Donohue, president and CEO of the U.S. Chamber of Commerce. “I urge members of both parties to seize a reasonable compromise and move the trade agenda forward. The time to act is now.” The trade deal with South Korea alone is expected to increase U.S. exports by $11 billion a year. This agreement will produce more economic growth in the U.S. than all of the nation’s last nine trade agreements combined, according to the U.S. International Trade Commission. The Colombian trade deal is expected to increase U.S. exports by more than $1 billion a year. Panama, meanwhile, is one of Latin America’s fastest-growing economies. Some groups, however, contend the trade deals will be bad for American workers. “For most Americans, what’s newsworthy is not that the administration is pushing Trade Adjustment Assistance, which effectively is a job burial insurance program, but that pushing a deal on TAA is being used as political cover to move more...
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This note was uploaded on 01/14/2013 for the course POL 090 taught by Professor Framer during the Spring '13 term at Shimer.

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