Senator Rounds comments on national issues
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HURON – Producers and manufacturers are growing more frustrated every day about the lack of a trade deal with China, but until that happens the administration should provide short-term government assistance, South Dakota’s congressional delegation said Thursday in a letter to Agriculture Secretary Sonny Perdue.
While it won’t make up for the loss of profits, it will help relieve some of the pain, Sen. Mike Rounds, R-S.D., said in a conference call with reporters.
The letter, also signed by Sen. John Thune, R-S.D., and Rep. Dusty Johnson, R-S.D., is intended to send a message on how serious the situation is, Rounds said.
“What they really want is a fair trade deal and that’s the bottom line,” he said.
Producers understand that free trade is important, but “fair trade has got to be a part of that,” Rounds said.
He thinks the defunct Trans-Pacific Partnership Agreement involving the United States and 11 other countries should be revisited. Signed in February 2016, it was never ratified as required. Agreements with other countries – where half a billion people desire trade with the United States – would give producers access to more markets and give the U.S. a stronger hand with China, Rounds said.