乐鱼 体育

US Congress enacted Trade Promotion Authority (TPA) laws to guide administrations in negotiating trade agreements that support US jobs, remove foreign market barriers, and enforce fair trade rules. 

What is TPA? 

• Since 1974, Congress has enacted TPA legislation to set US trade priorities, require presidential consultations, and ensure oversight.  
• After negotiations, Congress votes on the agreement without amendments, reaffirming its constitutional role in trade policy. 
• It is a Congressional/legislative procedure that sets US negotiating objectives and outlines oversight during trade negotiations.  
• Congress retains the authority to review and approve any proposed trade agreement.  
• TPA does not provide new powers to the Executive Branch.  

Key elements of TPA 

• Provides Congressional guidance to the President on trade policy priorities and negotiating objectives. 
• Requires consultation with Congress, the private sector, stakeholders, and the public during trade negotiations. 
• Sets terms and procedures for the Administration to enter trade agreements and for Congress to consider implementing legislation. 

Importance of TPA  

• Supports US job growth  
• Every $1 billion in new exports of American goods supports more than 6,000 additional jobs here at home () 
• 2012: Exports supported 9.8M jobs, with 25% in manufacturing. 
• Since 2009: 1.3M new jobs from exports, paying 13鈥�18% higher than the national average. 
• Expands trade & investment, creating more high-paying jobs. 

 Helps export more 鈥淢ade in America鈥� products abroad  

• Trade agreements sustain job-driven exports. 
• 20 US trade agreements support 46% of total US goods exports. 
• Since 2009, exports have driven one-third of US economic growth. 
• The Transatlantic Trade and Investment Partnership (T-TIP and the Trans-Pacific Partnership (TPP) cover 65% of global trade and would account for 69% of US goods exports. 
• T-TIP is a proposed between the U.S. and the EU, aimed at boosting economic growth, jobs, and market access, though critics argue it increases corporate power; negotiations began in 2013 and are ongoing.  

TPP negotiations began in 2005 with 12 participating countries, including the U.S., Mexico, Japan, and Australia, aiming to establish a regional trade agreement. () 

•  Improvement of trade agreements and the US global competitiveness 
• Sets high-standard trade objectives aligned with Congressional priorities. 
• 250+ global trade agreements give foreign firms market advantages. 
• China & Europe are negotiating deals that could displace US exports. 
• Reassures trading partners of US commitment to strong agreements. 
• Encourages higher global standards, benefiting US businesses & workers. 
• Ensures Transparency and Public Engagement in Trade 
• Requires consultation & notification to involve Congress, stakeholders, and the public before, during, and after trade negotiations. 
• Congress retains final authority over implementing any trade agreement. 
• Since 2009, the Office of the United States Trade Representative (USTR) has followed TPA rules, consulting hundreds of times with Congressional committees on TPP. 
• USTR, established in 1962, is a government agency with over 200 trade experts that negotiates trade agreements, resolves disputes, and represents US trade policy globally, with offices in Washington, Geneva, and Brussels. 
•  TPA engages all stakeholders, including academia, labor unions, the private sector, and NGOs. 
• Strengthens public participation and ensures transparency in trade policy. 

Source: Prepared by Victoria Chertorivski with information from