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USDA Releases Data Highlighting Economic Benefits of TPP

Tuesday, March 3, 2015

(North American Meat Institute)

USDA released data underscoring the benefits for U.S. agricultural exports resulting from the successful conclusion of the Trans Pacific Partnership (TPP), a free trade agreement with 11 countries in the Asia-Pacific region. The data reveal significant growth opportunities for U.S. poultry, beef and hides and skins exports resulting from increased market access and reduced tariffs under TPP. USDA also published state-specific information, detailing the ways in which TPP boosts food and agricultural exports and promotes job growth across all 50 states. USDA released the data in conjunction with a series of executive actions issued by President Obama as part of his "Made in Rural America" initiative aimed at expanding manufacturing and securing new market opportunities for small businesses in rural areas.

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