Congressman Adrian Smith says he is busy reviewing the paperwork released by the Obama Administration on the Trans Pacific Partnership.
Smith says he needs time to review the trade pact.
“Initially, it sounds like the trade agreement would be good for the beef industry as well as the pork industry,” Smith tells Nebraska Radio Network. “But I want to look even farther than just those two industries which happen to be good in Nebraska, big in Nebraska. I want to see what other details are in there.”
The Obama Administration has released documentation about the trade agreement between the United States and 11 other countries. It is a wide-ranging agreement which seeks to lower trade barriers among the countries and ease restrictions for imports and exports.
It appears the agreement would benefit Nebraska agriculture. Its impact on other sectors of the economy is less certain.
Smith says he must be convinced TPP benefits America overall before he votes for it.
“Let’s look for trade agreements that level the playing field, because when we get to play on a level-playing field American production does very well, whether it’s agriculture, whether it’s manufacturing, we’ve got good opportunities when we have a level-playing field,” according to Smith.
Smith says he will study the material released by the administration and speak with agricultural and business leaders throughout Nebraska before deciding how to vote.
“So, I want to talk to stakeholders, in addition to just the beef and pork industries,” Smith says. “This is a big deal and we need to make sure that we get it right. I would imagine it won’t be perfect, but let’s make sure that the details are what we think they are.”
Congress likely will consider TPP next year. Under a trade law approved earlier, Congress cannot amend the agreement. It either accepts it or rejects it.