The TPA Debate
International Trade Committee Newsletter, Vol. 1, No. 1
6 Pages Posted: 31 Mar 2008
Abstract
With the wave of change moving through the United States Congress many observers warn of the challenges facing legislative initiatives with even the slightest bit of controversy. Near the top of that list is the proposed renewal of the President's Trade Promotion Authority (TPA). TPA, formerly known as Fast Track Authority, is set to expire next summer and with it, as proponents of the legislation argue, the ability of the United States to negotiate and implement free trade agreements. Opponents of the legislation, however, see the expiration of TPA as an opportunity to shift the focus of American trade policy and put more power and influence in the hands of Congress and the constituencies they represent. In order to understand the current debate surrounding TPA and the challenges facing its renewal, key arguments on both sides of the debate are presented.
Keywords: Trade Promotion Authority, fast track, TPA, TAA, International Trade, Anti-dumping, congress, legislation, negotiation
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