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Beef in Korea
Hi this is Nebraska Farm Bureau's Ag News Now Radio Service, I’m Tina
Henderson.
Now here is today’s Farm Bureau
View program it is coming to you in 3…2…1…
The report runs 3:05.
The
U.S. beef industry is pleased by President Obama’s latest trade moves with
Korea - but frustrated with his timing and the U.S. being outdone by Canada in
restoring beef trade with China. Joining us today to talk more about these
subject is National Cattlemen’s Beef Association Chief Economist Gregg Doud.
Gregg thanks for joining me on today’s program!
Question 1 On the one hand - National
Cattlemen’s Beef
Association
is encouraged President Obama has finally ordered his trade people to resolve
outstanding free trade differences with Seoul before submitting an FTA to
Congress. But there are concerns that the White House and Congress let the
Korean deal - linger for about three years.
Cut
#1 :21 O.C...”address the issue.”
Question 2 It’s critical that Congress
ratify the Korea FTA
before
the end of the year - or risk giving Australia - a nearly three-percent tariff
advantage for the next 15 years. Australia is also negotiating a Korea
FTA. But in the meantime Canada is
working harder at getting back into key beef markets like China. How does that
affect the U.S.
Cut
#2 :15 O.C...”I’d be embarrassed.”
Question 3 President Obama has laid
out a plan to try to
double
U.S. exports in the next five years - but with other nations outpacing the U.S.
in ratifying new FTAs – Congress must act or more American jobs and market
share will be lost. One example to is Canada. Officials there have just
ratified a free trade agreement with Colombia - providing Canada a tariff
advantage over U.S. ag products like pork in the Colombian market. Gregg would
the U.S. give up anything - if it ratified its pending deals with Colombia and
Panama?
Cut #3 :22
O.C...”many years ago.”
Gregg thanks for joining me!
Thanks
for Listening!