In comments submitted to the Office of the U.S. Trade Representative and the International Trade Administration of the U.S. Department of Commerce, NPPC this week emphasized the critical role free trade agreements (FTAs) play in reducing the U.S. trade deficit. NPPC noted that the 20 existing U.S. FTAs contribute to a reduction in the deficit and called for expedited negotiation of new trade agreements to further improve the trade imbalance. In its comments, submitted for a federal government study of the trade deficit, NPPC noted that the U.S. exports more pork to the 20 current FTA countries than to the rest of the world combined. NPPC identified Japan, Vietnam and the Philippines as among the priority FTAs to pursue.
Original article May 12, NPPC