US Senate Finance Committee Chairman Max Baucus successfully included
provisions in the recently passed Trade Assistance Adjustment Act to
protect sugar producers, including those in Montana.
"I'm pleased that we've passed the Trade Assistance Adjustment
Act of the Finance Committee and am especially pleased that we included
strong provisions that will apply tariffs to molasses imports,"
Baucus said. "Molasses is currently the only agricultural import
that isn't subject to a tariff. That simply isn't fair to our sugar
producers who can't compete with the low cost of molasses imports. The
provisions we included will level the playing field."
The Trade Assistance Adjustment Act, which Baucus introduced with
Senators Tom Daschle (D-S.D.) and Jeff Bingaman (D-N.M.) last July,
expand current trade laws to protect thousands of jobs potentially
threatened by trade agreements, including the jobs of farmers, ranchers
and fishermen.
The provision included to assist sugar producers was most directly
tied to the recent trade issue involving stuffed molasses. Stuffed
molasses is a mixture of molasses, water and sugar from which certain
components can easily be stripped away, leaving behind liquid sugar.
The current Trade Assistance Adjustment program was established by
Congress in 1962 to assist workers whose job loss is associated with
increased imports. In 2000, about 35,000 workers received TAA benefits
but eligibility requirements have not kept up with changing times,
Baucus said.
"An extended TAA program will help hundreds of additional
Montana workers by making farmers, ranchers and fishermen eligible for
assistance," Baucus said. "TAA will also provide benefits to
secondary workers, including suppliers and downstream producers."
"This is a good bill that will make a real difference to hard
working Americans and Montanans. And now that we've included protections
for sugar producers, the bill will benefit many more workers. This is
about creating a level playing field. And protecting American jobs. I'll
keep fighting hard to protect our sugar farmers and the rest of
Montana's producers. It's just common sense," said Baucus.