| Support Grows Across the Political Spectrum | Momentum is building for Congressional approval of the U.S.-Peru Trade Promotion Agreement after passing with an overwhelming majority in the House of Representatives. Statements of support are coming from leaders from across the political spectrum.
''I certainly believe that part of the legacy of our great party is the
legacy of President John F. Kennedy, who said that free trade was a part of
who we are as a country and that international trade would be good for our
economy.''
Speaker of the House Nancy Pelosi
''Passage of this free trade agreement represents a key victory for American workers and further underscores the value of free trade to our nation's economy. This agreement will open an important new market for American businesses, farmers, and ranchers, while sparking greater economic growth and job creation in both the United States and Peru.''
House Republican Leader John Boehner
''This Peru Free Trade Agreement is an historic accomplishment in trade policy and in our relationship with a strong ally in a region that is vital to our economic and national security. This agreement has great potential to strengthen the economic ties between the United States and Peru and to improve the standard of living in both countries.''
House Majority Leader Steny Hoyer
''These provisions are, in short, exactly what we have been seeking for more than a decade. They promote trade in a way that projects our fundamental values. They benefit workers and encourage environmentally sustainable development. And I hope that these long-awaited achievements will serve as a stepping stone to move America's trade agenda forward.''
Senate Finance Committee Chairman Max Baucus
''The vote in the House Thursday highlights the strong bipartisan support for broadening our economic development through free trade...Implementing free trade agreements is a key part of opening the global marketplace to American products and growing good jobs here at home.''
Senate Republican Leader Mitch McConnell
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|  | |  | | Did you know?
| | | Without PTPA U.S. products entering Peru face actual tariffs of between 12% and 52%.
After implementation of the PTPA, tariffs on all U.S. agricultural products exported to Peru will be eliminated.
Source: Agriculture Coalition for U.S.-Peru Trade
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| | | | Overheard
| | | ''Trade is the natural enemy of all violent passions...Trade makes men independent of one another and gives them a high idea of their personal importance: it leads them to want to manage their own affairs and teaches them to succeed therein. Hence it makes them inclined to liberty...''
-Alexis de Toqueville
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