U.S. Chamber Welcomes Trade Promotion Authority Bill

Thursday, April 16, 2015 - 2:30pm

Relaunches Website Offering Data on Exports, Jobs in All 50 States and 435 Congressional Districts

WASHINGTON, D.C. — U.S. Chamber of Commerce President and CEO Thomas J. Donohue today issued the following statement, hailing the introduction of the “Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” which will renew Trade Promotion Authority (TPA):

“TPA is a vital tool to help Americans sell their goods and services to the 95 percent of the world’s customers living outside our borders. The Chamber congratulates Senate Finance Committee Chairman Orrin Hatch, Ranking Member Ron Wyden, and House Ways and Means Committee Chairman Paul Ryan, whose bill promises to spur economic growth and job creation at home.

“In today’s tough international markets, we need our trade negotiators to tear down the foreign tariffs and other barriers that too often shut out U.S products. However, to secure new growth-creating trade pacts such as the trans-Pacific and trans-Atlantic agreements now under negotiation, Congress must first approve TPA.

“TPA is based on the notion that Congress and the White House must work together on trade — just as the Constitution directs. It allows Congress to set negotiating objectives and requires the executive branch to consult extensively with Congress during negotiations. The result should be a true partnership stretching the length of Pennsylvania Avenue.

“With facts and arguments, we’ll win this trade debate and renew TPA. The Trade Supports Job site shows what companies are exporting from every state and Congressional District and where these goods and services are heading.”

In conjunction with introduction of the TPA bill, the Chamber announced the relaunch of its website TradeSupportsJobs.com, which offers detailed information on U.S. exports and the jobs they support in all 50 states and 435 Congressional Districts. International trade and investment are key components of the Chamber’s 2015 American Jobs, Growth, and Opportunity Agenda, an ambitious plan to help revitalize the American economy, create jobs, spur growth, and lift incomes.

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 70 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.