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Agricultural News

Cole Supports TPA Legislation, Helps U.S. Compete in Global Market

Thu, 18 Jun 2015 14:44:25 CDT

Congressman Tom Cole (OK-04) released the following statement Thursday after he supported legislation related to Trade Promotion Authority (TPA). This legislation defines the authority the president is allowed to exercise in trade negotiations and how Congress can rightfully scrutinize any trade deals reached with our partners abroad by having oversight throughout the process and demanding accountability of the president.


"Trade Promotion Authority represents the authority that today's president and future presidents should be allowed to exercise in trade negotiations on behalf of the United States," said Cole. "Not only does this vote for TPA grant the president the authority to negotiate, but it also allows Congress to be more involved from start to end of those negotiations. To be clear, TPA does not support or oppose specific trade agreements being negotiated now or in the future. TPA simply arms and guides the president with a list of objectives from Congress for deal-making, allows lawmakers to have access to progress with international partners, requires that any deal is made available to the public for 60 days and demands final approval from Congress.


"Again, while TPA does not represent a specific trade agreement, I believe that it will help position the United States in a better way to encourage free trade and compete against strong competitors like China by helping us establish common rules of the road. While America already exports a lot of products today, there is still much more opportunity for American-made products and important services in the bustling world marketplace. Without TPA, it is much more difficult to open the door to that marketplace."


To watch remarks made by Cole during consideration of TPA legislation in a Rules Committee hearing last week, click here.


Last week, Cole released his weekly column to explain what TPA means for American jobs.

   

 

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