would you please pass the jelly, I mean, the trade agreements with Panama, Colombia and South Korea
I just came across this excellent article from the Heritage Foundation which provides strong arguments for passing the pending trade agreements with Panama, Colombia, and South Korea. Here's an excerpt:
If enacted, the agreements with Colombia and Panama will result in significant new market access and lower tariffs for America's businesses and farmers; most Colombian and Panamanian products already enter the U.S. duty-free under various preference programs. Because these countries already have preferential access to U.S. markets, any impact on U.S. jobs has already occurred. Instead, these agreements will result in new economic opportunity for America's exporters and the U.S. businesses that support them, opportunity that will grow over time as these countries continue to develop through trade and mature into larger, more sophisticated markets more closely integrated with the U.S. economy.Similarly, America stands to gain more from expanding what is already a rich trade relationship through an FTA with South Korea than without one. The agreement resolves many of the problems currently thwarting the full economic potential of U.S.-South Korea bilateral trade and establishes formal channels through which ongoing trade concerns can be addressed.
read the rest of the article at the Heritage Foundation website
They convinced me at "If..." :) Let's see if President Obama sees it that way.
BTW, kudos, if you know where the first part of the post title came from!
Tags: obamaadministration, panama, trade agreements, south korea, colombia
