Trade

The top priority of the Republican majority in the House of Representatives is U.S. job creation.  Congress must work to promote a positive trade agenda that supports American workers and helps grow our industries.  International trade is critical to the health of the Louisiana economy.  With nearly 13% of all manufacturing jobs in Louisiana depending on exports, it is important to identify new markets and expand trade.  As a Member of the House Ways & Means Committee, I am committed to working on responsible trade agreements.

Boustany Visits Port of Lake Charles

In 2010, I hosted trade conferences in New Orleans and Lake Charles.  I heard from a wide range of businesses that depend on trade - both imports and exports.  Louisiana is a leader in the exportation of petroleum and coal products, machinery and chemicals, as well as agriculture.  As the global economic recovery continues, I am confident Louisiana businesses will be able to increase their global market share. 

I am pleased the US-Korea Free Trade Agreement is progressing.  Once this agreement is complete, it will be the largest free trade agreement in the world and will help to create thousands of good-paying U.S. jobs.  Now is not the time for short-sighted, protectionist policies that invite retaliation against American companies from foreign countries.  Congress must also complete work on the remaining free trade agreements with Colombia and Panama. 

Louisiana farmers will greatly benefit from the passage of the trade agreement with Colombia.  Delay in passing a final agreement means our farmers are losing market share in Colombia, while Colombian goods bound for the U.S. face nearly zero tariffs.  This is not fair and the trade agreement is the only way to level the playing field.  Failing to pass the Colombia agreement is irresponsible, and I look forward to working with my colleagues in the House and the Obama Administration to move the agreement forward.

The U.S. must be engaged with the world through international trade.  For too many years, the U.S. has sat idle while the major economies around the world have passed trade agreements and deepened their economic ties with one another.  If the U.S. fails to be a leader in trade, we will continue to lose credibility and influence throughout the world.  U.S. power and national security is enhanced through expanded global trade and commerce.  It is time for the U.S. to lead again.

I am always eager to hear from my constituents.  If you would like to speak with my staff about trade legislation, please contact Washington, D.C. office at 202-225-2031.