Trans Pacific Partnership

Grant Gerlock / Harvest Public Media

After years of work, U.S. negotiators on Monday announced agreement on a trade deal with 11 Pacific Rim nations that is expected to expand export opportunities for U.S. farmers. The 11 countries included in the deal, called the Trans-Pacific Partnership or TPP, already import some 42 percent of U.S. agricultural exports at a value of $63 billion, according to the U.S. Agriculture Department.

Kristofor Husted/Harvest Public Media

After years of negotiations, a dozen countries – from New Zealand up to Canada –are on the verge of a trade agreement that could be worth billions of dollars to the U.S. agriculture industry. Many American farmers and ranchers are eager to see the expected benefits of the Trans Pacific Partnership, or TPP.

A Wall Street Journal writer, a trade representative and a Congressman walk into a Denver pot store and the clerk says, "What is this, a joke?"

The writer says, “I know I really shouldn’t, but I just NAFTA!”

In reality, WSJ writer Mary Anastasia O'Grady wrote about the 20th anniversary of the North American Free Trade Agreement (NAFTA): “A continental web of supply chains now supports production facilities and serves consumers in three countries with a combined population of 470 million.”