“Trade Promotion Authority is a necessary tool to negotiate and implement trade agreements that support U.S. economic and export growth and job creation. We commend Sens. Baucus and Hatch and Rep. Camp for remaining steadfast in their commitment to advancing TPA legislation.
“Congress hasn’t had a substantive debate on trade in more than a decade, and TPA allows Congress to execute its constitutional authority to shape the U.S. trade agenda and set negotiating objectives.
“With a series of U.S. trade negotiations currently in progress – the Trans-Pacific Partnership, Transatlantic Trade and Investment Partnership and the Trade in Services Agreement – we urge Congress to pass TPA as soon as possible to maximize the benefits of these and future trade deals.
“The NFTC will comment in greater detail on the bill that has been introduced once it has had an opportunity to review the text.”