ftapowerpoint

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Education

Published on May 8, 2008

Author: Rina

Source: authorstream.com

Freer Trade in Food: How America Benefits:  Freer Trade in Food: How America Benefits Food Trade Alliance:  Food Trade Alliance “Arguing for trade barriers is like arguing for a tax on single working moms, because that is who pays the highest percentage of household income for food. Our goal is to cut those hidden import taxes -- while other countries cut theirs too – to give working families a boost. Not only do families get a tax cut through the products they buy, but they also earn better paying jobs in industries that export products and services.” --Robert Zoellick, U.S. Trade Representative Food Trade Alliance: Purpose:  Food Trade Alliance: Purpose Support policymakers in U.S. and abroad who favor liberalizing global food trade Increase opportunities in global food trade, benefiting U.S. farmers, food suppliers, restaurants and others by expanding access to agricultural and processed food products around the world. Food Trade Alliance: Purpose:  Food Trade Alliance: Purpose Bring the voice of American consumers and U.S. food-preparation industries into the trade debate. Educate consumers, policymakers, and media about high cost and harmful impact of food trade restrictions on trade and hunger worldwide. Facts on Trade Restrictions:  Facts on Trade Restrictions American consumers pay prices that are significantly higher than world market prices. Facts on Trade Restrictions:  Facts on Trade Restrictions Exports of foods and food products are restricted by a broad range of obstacles, including duties on: *for “over-the-quota” imports Effects of Restrictions on Producers and Consumers:  Effects of Restrictions on Producers and Consumers American food processors, restaurants and retailers are unable to source key products overseas at the lowest available prices. Inflexibility in the system creates inefficiencies and additional costs that must be absorbed or passed on to consumers. The system limits opportunities for growth, job creation, and innovation in companies that consume and sell agricultural products. Reducing Trade Barriers Would:  Reducing Trade Barriers Would Help the U.S. economy Each farm export dollar earned stimulates another $1.61 in business activity. U.S. farmers now earn 25% of their incomes from exports - but potential global marketplace is much larger. USITC: If all quantifiable trade barriers on majority of U.S. food imports -- including peanuts, dairy, sugar, and beef -- were simultaneously eliminated - U.S. economy would experience net “welfare gain” of about $3 billion. Help consumers around the world by reducing food prices. Reducing Trade Barriers Would:  Reducing Trade Barriers Would In the U.S. – Strengthen food exports, processors and suppliers, and restaurant chains – leaders in global food preparation business – who need access to high-quality agricultural and processed food products. Make U.S. products more competitive in the international marketplace. Alleviate hunger by reducing food prices worldwide. Why Now is the Time to Act:  Why Now is the Time to Act WTO Doha Round final negotiations are approaching a critical stage August 2004 Framework Agreement proposes ambitious market access package, but also proposes new “sensitive” products exception. Policymakers are open to and need public support for expanding trade. But protectionist agricultural interests are already mobilizing to seek exceptions, reduce scope of market access commitments, or oppose a new WTO agreement. Why Now is the Time to Act:  Why Now is the Time to Act Consumers are concerned about rising food costs. Help alleviate hunger worldwide. A worldwide challenge - Strong WTO Agreement creates new opportunities for developing world farmers, reduces protectionist barriers and food prices worldwide. Protectionist forces are aligning Key Dates:  Key Dates

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