Trade and Prosperity in the States: The Case of Iowa
Hundreds of thousands of Iowans rely on international trade and investment for their jobs. The benefits of international commerce used to be reflected in the voting record of the state’s congressional delegation, which overwhelmingly supported the North American Free Trade Agreement (NAFTA) and the Uruguay Round trade agreement. However, support was split for more recent trade agreements with Colombia, Panama, and South Korea in 2011.
U.S. trade barriers protect politically well-connected companies from competition while driving up prices for consumers. Iowa’s congressional delegation can best represent the state’s interests by opposing protectionist policies.