Accountability, Transparency, and Effective OversightThe Bipartisan Congressional Trade Priorities and Accountability Act (TPA) will help deliver the strongest possible trade agreements that will boost American exports and benefit American workers, manufacturers, farmers, ranchers, and job creators. Ninety-six percent of the world’s customers are outside the United States. If we want to create more opportunity and more high-paying jobs here at home, we need to sell more American-made products and services overseas. That means tearing down barriers to American exports. It also means laying down strong and enforceable rules for our trading partners, so American workers are competing on a level playing field. We need to ensure that the U.S.—not countries like China—is writing the rules of the global economy. That’s why we need TPA. It will give the U.S. the best opportunity to deliver high-quality, 21st-century trade agreements. And it will make trade negotiators more accountable to Congressional priorities, trade negotiations more transparent and Congressional oversight more effective. Accountable TPA lays out specific negotiating objectives for the administration to pursue in any trade agreement, so Congress is always in the driver’s seat. Specifically, TPA:
Transparent TPA includes an unprecedented level of consultation and transparency requirements so that Congress and the American people know the full impact of any agreement. The bill:
Effective Oversight TPA gives clear instructions for trade negotiations. It also lays out consequences if the administration falls short, and includes new language to protect U.S. sovereignty:
Finally, it affirms that Congress—and only Congress—can change U.S. law. Congress always gets the final say on whether to implement a trade agreement.
### |