USCIB joined 200 business and agricultural groups in signing a letter to Congressional leaders urging the passage of bipartisan legislation to modernize the Trade Promotion Authority (TPA) this year.
As part of the Trade Benefits America Coalition, USCIB and the other groups wrote:
“Congressional action on TPA is needed to help ensure high standard outcomes in the Trans-Pacific Partnership (TPP) negotiations, which the United States and 11 other Asia-Pacific countries are striving to complete. By passing TPA, Congress will also help ensure strong outcomes in the other ongoing talks on the Transatlantic Trade and Investment Partnership (T-TIP), the Trade in Services Agreement (TiSA), and an agreement to eliminate tariffs on environmental goods. These initiatives hold tremendous potential to: help U.S. companies of all sizes, farmers and workers buy and sell goods and services in the global marketplace; set strong, enforceable trade rules; and support U.S. growth and jobs.
“…We are eager to work with you, your colleagues in the House and senate, and the Administration to pass bipartisan TPA legislation before the end of the year.”
For more information on the importance of passing modernized TPA to support U.S. growth and jobs, visit www.tradebenefitsamerica.org. The Trade Benefits America Coalition, of which USCIB is a member, includes a wide range of associations and companies that are dedicated to the pursuit of U.S. international trade agreements that benefit American businesses, farmers, workers and consumers. The Coalition believes that passage of modernized Trade Promotion Authority (TPA) legislation is important to help ensure America continues to benefit from trade.