SOTU Analysis: Opening new markets to American goods
In this series of blog posts, Senator Coons’ legislative staff shares their analysis of the President’s State of the Union address with Delawareans.
In his State of the Union address, President Obama reaffirmed his commitment to opening up fast-growing new markets around the world to American goods and services, creating new trade opportunities that will help American businesses grow and create jobs.
President Obama proposed that we “complete negotiations on the Trans-Pacific Partnership,” which would “boost American exports, support American jobs, and level the playing field in the growing markets of Asia.” He also announced that the he will “launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union, because trade that is fair and free across the Atlantic supports millions of good-paying American jobs.”
Senator Coons has been working hard to help open new global markets where Delaware companies can sell their goods and services. As chairman of the Senate Foreign Relations Subcommittee on Africa, he is working to ensure that these fast-growing new markets with burgeoning middle classes are open to American products to help strengthen our economy here at home.
Gaining access to markets all over the world has been instrumental in helping the American economy grow and prosper over the last century. To continue our economic recovery, Chris believes it is crucial that we continue to create better access to international markets and help American business and workers by removing barriers to our goods and products.
In particular, markets in both Asia and the European Union present important opportunities for Delaware's poultry companies to expand their exports. This trade will allow us to make progress in breaking down barriers to Delaware's poultry exports.