Wednesday, June 10, 2015

ONE HAS TO WONDER WHY MORE DEMOCRATS OPPOSE THE TPA–SOUNDS LIKE MAYBE THE DEMOCRATS WILL LOSE CONTROL IN MAKING LESS JOBS AVAILABLE OR THEY PREFER THE 80 YEAR OLD REGULATIONS OF THE OLD TRADE AGREEMENT WHICH WILL BE LEAVING THE USA BEHIND THE LARGEST TRADING PARTNERS IN THE PACIFIC, CHINA NOT INCLUDED AS PART OF THE TPP

Having led the world in free and open markets for generations, America now faces a choice as simple as it is consequential: lead on trade, or get left behind.

The decision should be clear.

Congress is considering whether to renew Trade Promotion Authority (TPA). TPA is a process between Congress and the administration for negotiating trade deals that has existed in some form for over 80 years. With TPA, Congress has greater influence over trade agreements, and U.S. negotiators hold a stronger position to secure a good deal for American producers, consumers and workers.

Absent TPA, the President has the constitutional power to negotiate trade agreements without Congressional input, transparency requirements or a mechanism to make agreements available for public review. But other countries will not engage in serious negotiations – or offer real concessions – until they know the U.S. is negotiating in good faith.

That is why TPA is essential. It puts Congress – not the administration – in charge of trade negotiation objectives. It sets clear transparency requirements and makes agreements available for public review. And it shows our trading partners that America can be trusted.

If the administration meets the TPA requirements, Congress gets the final say on any trade agreement through a yea-or-nay vote. If the administration fails, Congress has the power to cancel the vote and halt the agreement altogether. TPA ensures transparency and accountability.

But most Democrats are lined-up to oppose TPA and kill America’s golden opportunity to expand free market policies to Asian countries under the growing influence of China. Liberals want to saddle Americans with higher taxes and more trade regulations. It’s no surprise the anti-trade movement is led by organized labor and Massachusetts Senator Elizabeth Warren.

http://www.foxnews.com/opinion/2015/06/10/fast-track-trade-bill-why-america-must-lead-on-trade.html

The Trans-Pacific Partnership Agreement ("TPP") is a free trade agreement currently being negotiated by nine countries: The United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam. Although the TPP covers a wide range of issues, this site focuses on the TPP's intellectual property (IP) chapter.

http://tppinfo.org/

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