U.S. Rep. Chuck Fleischmann says that he looks forward to supporting trade agreements with Panama, Colombia, and South Korea that President Barack Obama submitted to Congress on Tuesday.
“When I released my jobs plan last week, I called on the President to send the pending free trade agreements with Panama, Colombia and South Korea to Congress for approval. We need these jobs now, and the President was delaying further action. However, he has finally submitted those agreements to Congress for approval, and I look forward to supporting them,” Fleischmann said in a statement.
More, from the press release:
In 2010, U.S. exports accounted for $1.3 trillion, or about 8% of our Gross Domestic Product (GDP). The White House’s own estimate says up to 70,000 jobs could be created with the implementation of the South Korea trade agreement alone.
According to the U.S. Chamber of Commerce, Tennessee’s 3rd District has 11,305 jobs “directly supported by exports” and $3,912,964,353 in “total merchandise exports”.