Potato Products and TPP: ITC Report Highlights Benefits

The recently released US International Trade Commission’s report on the potential economic impact of the Trans-Pacific Partnership (TPP) provides many examples of the benefits this free trade agreement would provide, according to the National Potato Council (NPC).

NPC has previously touted the expanded trade opportunities and lowered tariffs that the agreement would ensure. The ITC report confirms that lower tariffs on exports would allow potato growers and exporters to meet the rising demand in the Asia-Pacific region by making US potatoes and potato products more competitive in those markets.

“Where pennies in price can make the difference in which country makes the sale, reductions to tariffs faced by US potato products in Japan and Vietnam will allow the industry to compete more effectively with our competitors,” said NPC CEO John Keeling. “The National Potato Council supports TPP and urges its passage before the next President of the US takes office.”