Senate Finalizes TPA, Sends to President's Desk
Today, the Senate took the final vote needed to send Trade Promotion Authority to the President for his signature. Passing by a vote of 60-38, National Cattlemen's Beef Association President Philip Ellis hails the final passage.
“NCBA appreciates the support of the Senate on final passage of Trade Promotion Authority, a fundamental step to securing future free-trade deals that will allow beef producers greater access to foreign markets. Cattlemen and women have seen tremendous value in trade, exporting over $7.1 billion worth of U.S. beef in 2014, which alone accounts for over $350 in added value per head of cattle in the United States. This value is not just from increased demand, but also from adding value to variety meats that have very limited value here at home. As the demand for U.S. beef continues to grow around the world, the future success of the beef industry rests in our ability to meet foreign demand without inference of tariff and non-tariff trade barriers. With TPA passed, the U.S. can focus on finalizing trade agreements like the Trans-Pacific Partnership that will give us greater access to consumers throughout the Pacific Rim.”