On April 16, Senate Finance Committee Chairman Orrin Hatch (R-UT), Ranking
Member Ron Wyden (D-OR) and House Ways and Means Committee Chairman Paul Ryan
(R-WI) introduced strong new Trade Promotion Authority
(TPA) legislation that reflects manufacturing priorities
To ensure swift action on this critical legislation, manufacturers must tell
Congress how essential TPA is to concluding and implementing robust trade
agreements that open new overseas markets, grow manufacturing exports and
create new jobs here in America.
Groups opposed to TPA are already hard at work to block this bill.
Manufacturers need to make sure Congress hears our voice, too!
For more information, visit our website
Director, International Trade Business Policy
TPA is a longstanding and proven procedural partnership between Congress and
the Executive Branch that facilitates negotiation and approval of trade
agreements that open markets for manufacturers in the United States. It enables
Congress to set trade negotiating objectives and increases Congress’s power to
shape and influence deals.
As detailed in NAM’s Trading Up with TPA
report, trade agreements negotiated under TPA are delivering for manufacturers
and their employees. America’s 20 existing trade agreement partners account for
less than ten percent of the global economy but purchased nearly half of all
U.S. manufactured goods exports in 2014. TPA authority must be renewed quickly
to ensure America leads in opening new markets and eliminating foreign
The United States enjoys a $55 billion
manufacturing trade surplus with its trade agreement partners, compared with a
nearly $580 billion deficit with other countries.