Congress « Dumps On » Peru With New Fair Trade Agreement
The U.S. Senate ignored the wishes of 4 million Peruvian farmers and countless numbers of American family farmers, ranchers, and consumers earlier this month when it voted to create a new Peru Free Trade Agreement (Peru FTA). The agreement, modeled on failed free trade policies such as NAFTA and CAFTA, will allow American agribusinesses to dump tons of below-cost commodities such as corn and soybeans into the Peruvian economy, thereby creating unfair competition for Peruvian farmers. It will also allow Peru to flood the U.S. market with cheap fruits and vegetables at a time when American family farmers are trying to build sustainable food systems by offering affordable local produce to consumers.