[Congressional Record Volume 170, Number 50 (Thursday, March 21, 2024)]
[Senate]
[Page S2486]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
National Agriculture Week
Mr. THUNE. Mr. President, this week, we celebrate National
Agriculture Week. It is a time to celebrate America's farmers and
ranchers, the hard-working men and women who fill America's
supermarkets and Americans' dinner plates. Much of daily life here in
the United States depends on the food, fuel, and fiber that America's
farms and ranches produce. And this week in particular, we thank those
who do the hard work of feeding America--and the world.
There are a lot of factors that go into a farm's or ranch's success.
Today, I want to talk about just one of those factors that affects a
lot of farms and ranches, and that is trade. Trade is critical to the
continued success of American agriculture. One in four acres on U.S.
farms is planted to be exported to a foreign market, and exports are
responsible for a fifth of U.S. farm revenue.
For the 2023 marketing year, American farmers planted nearly 70
million acres of major crops to supply international markets. But we
have a problem. Thanks in large part to the Biden administration's
almost complete inaction on trade, U.S. agriculture exports are
declining. In fact, last year, the United States posted a $16.6 billion
agricultural trade deficit--16.6 billion. And that trade deficit,
believe it or not, is projected to be nearly twice as large this year,
in an area of our economy where typically we have run, historically,
trade surpluses.
This would be bad enough on its own, but it is particularly
distressing at a time of economic uncertainty for a lot of farmers and
ranchers. Like so many other Americans, farmers and ranchers have
suffered under President Biden's inflation crisis. Net farm income is
expected to see its largest 2-year drop in 40 years.
We should be doing whatever we can to reverse this trend and help
farmers and ranchers succeed, and a good place to start would be
opening new markets for American agricultural products.
The sorry state of agriculture trade is emblematic of the Biden
administration's generally unambitious trade agenda. The President made
it clear early on that trade would not be high on his agenda, and
unfortunately, he has lived up to that.
Increased market access--long a priority of the United States--has
almost completely dropped off the radar under President Biden. The U.S.
Trade Representative has openly said that the Indo-Pacific Economic
Framework, which contains one of the few trade initiatives that the
administration has actually undertaken, was, in fact, designed not--
not--to include tariff reduction. In other words, the Biden
administration deliberately chose not to pursue a key market-opening
measure, and now, the Biden administration has put even this
halfhearted trade initiative on hold, declining to move forward with
the trade portion of the Indo-Pacific agreement.
A year ago, I came to the floor to discuss my bipartisan bill to
kick-start negotiations on a comprehensive free-trade agreement with
the United Kingdom. Now, you would think that a free-trade agreement
with one of our oldest allies and largest trading partners would be a
no-brainer, but the administration has punted on that one, too.
On digital trade--an area where the United States has historically
been a leader and in which we should continue to lead--the Biden
administration is pulling back. Last fall, the U.S. Trade
Representative abandoned longstanding U.S. policy on digital trade at
the World Trade Organization--a move that risks letting China take our
place in writing rules for a major sector of the global economy.
The United States is currently negotiating zero--zero--free-trade
agreements. But while the Biden administration keeps America on the
sidelines, other countries are building up their trading portfolios.
The European Union is negotiating new free-trade agreements. So is the
United Kingdom. China is aggressively working to expand its trading
network.
The Biden administration's failure on trade is putting our country at
a competitive disadvantage. The administration is not only forfeiting
opportunities for American leadership, it is harming American
businesses, farms, and ranches that look to trade as a way to grow.
Earlier this week, I joined Senator Blackburn and other Senators in a
letter to the President urging the administration to uphold America's
longstanding leadership on digital trade. Last week, I led a group of
Republican Senators urging the administration to work on expanding
export opportunities for American agriculture.
If we want American farmers, ranchers, and business owners to succeed
in the global economy, trade has to be a priority, and I will continue
to do everything I can to urge the Biden administration to get off the
sidelines on trade and start opening up new opportunities for American
producers.
I yield the floor.
The PRESIDING OFFICER. The Senator from Utah.
Mr. LEE. Mr. President, I ask unanimous consent that I be permitted
to speak for up to 10 minutes and Senator Manchin for up to 5 minutes
prior to the scheduled rollcall vote.
The PRESIDING OFFICER. Without objection, it is so ordered.