President Barack Obama last week said he would send the Trans-Pacific Partnership (TPP) agreement to Congress for a vote later this year, and he is “cautiously optimistic” that the agreement will actually be considered and approved.
The TPP deal, which encompasses 40% of the world’s economy, would be a win for U.S. farmers by reducing tariffs and, even more important, addressing non-tariff barriers and creating a platform for other countries to join in the modern trade agreement.
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