In a letter sent today, IDFA and more than 50 other associations representing every sector of U.S. manufacturing urged the leaders of Congress to pass Trade Promotion Authority as quickly as possible.
IDFA has been working with other groups to educate and gain support for TPA, which would ensure that pending and new trade agreements that benefit the U.S. dairy industry move forward to completion with only an up-or-down vote in Congress without amendments. This facet of the legislation assures U.S. negotiating partners that concessions made during the negotiation will not be undone through amendments.
“Renewing this proven partnership between Congress and the President will facilitate negotiations and approval of trade agreements that eliminate foreign barriers and open new export opportunities for industries and workers in the United States,” the associations said.
They noted that, since TPA was last renewed in 2002, U.S. exports have more than doubled to a record high of almost $1.6 trillion in 2013. Jobs linked to exports of manufactured goods pay an average of 18 percent more than other jobs, and trade agreements in the works now could increase the purchasing power of American families by $3,000 or more every year, they said.
Without TPA, manufacturers and their employees “risk being locked out and left behind” as other countries negotiate trade agreements that do not include the United States, they concluded.
For more information, contact Beth Hughes, IDFA director of international affairs, at email@example.com.