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U.S. Trade Representative to Testify on Trade Policy Agenda.

Tuesday, May 6, 2014

(American Meat Institute)

The Senate Finance Committee, chaired by Senator Ron Wyden (D-OR), held a hearing on President Obama's trade policy agenda last Thursday.  The hearing put in to doubt the administration's ability to close the Trans Pacific Partnership (TPP)  as U.S. Trade Representative Michael Froman stressed recent talks with Japan represented a historic "milestone" in agricultural trade policy, he did not offer specifics.  Democrats on the Committee were highly critical of the lack of transparency and the new Chairman stated he could not support the trade pact unless there was more transparency and the necessary currency manipulation prohibitions.  Senator Pat Roberts (R-KS) asked Froman about meat industry concerns about the European Union's attempt to use the Transatlantic Trade and Investment Partnership to protect European producers' use of geographical indications, terms such as bologna and black forest ham.  Trade Representative Froman stated he will "continue to work and make clear that we think the common name and trademark approach allows room for us to have access" to markets.  More information on the hearing may be viewed here

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