This week, Congress will begin to take a look at important jobs legislation: new trade agreements with South Korea, Colombia and Panama and trade adjustment assistance to help train workers for the 21st century economy. These agreements will help create jobs and provide new income opportunities for our nation’s agricultural producers, small businesses, and rural communities.
Today, farm exports help support more than 1 million American jobs. Passage of these three agreements will infuse the American economy with an additional $2.3 billion in farm exports, supporting 20,000 American jobs. In fact, our nation’s economic output is estimated to grow more under the Korea agreement alone than from our last nine trade agreements combined.