March 26, 2018 | by    

Trump Administration Asks For Three-Year Extension To Trade Promotion Authority

Last Tuesday, President Donald Trump sent a letter to Congress asking that the U.S. House and Senate extend Trade Promotion Authority, TPA or fast-track trade negotiating authority, for three years. TPA establishes trade agreement negotiating objectives, executive-legislative consultation requirements, and specific procedures for implementing bills resulting from successful trade agreement negotiations.

Under legislation passed in 2015, the president’s request will be granted automatically unless Congress approves a simple-majority resolution of disapproval barring the move. In his letter, President Trump referenced his efforts to renegotiate the North American Free Trade Agreement and his intention to pursue new free trade deals with countries in Africa and Southeast Asia.

The president argued, “Extension of trade authorities procedures is essential to fulfill that task and to demonstrate to our trading partners that my Administration and the Congress share a common goal when it comes to trade.”