With economic growth and job creation as top priorities for mayors nationwide, it is time for Congress to consider and approve Trade Promotion Authority legislation (TPA-2015) and its potential to further unlock the economic potential of American businesses and workers through President Obama’s trade agenda.
Mayors throughout America agree that world trade is a very important element of success in attracting jobs and investment to our communities. Many US cities have experienced significant increases in exports in recent years, and are home to numerous businesses linked to international commerce. Those experiences, and the results reflected in the numbers, must be a major factor as Congress moves forward on TPA-2015.
AAMA strongly supports enforceable labor and environmental provisions in trade agreements that raise global standards and respect local regulations. TPA-2015 sets forth a strong process to advance the interests of American cities, companies, and workers. Moreover, TPA-2015 creates a timeline for concerns to be considered and addressed before a final trade agreement receives approval, ensuring the voices of American mayors, workers, and advocacy groups are heard. With TPA-2015 allowing only a final up-or-down vote by Congress, our foreign negotiating partners have the highest incentive to give the United States their best offers.
In the 21st century global marketplace, we simply cannot afford the years-long trade agreement battles of the past, as foreign rivals will continue to be aggressive in seizing opportunities from American businesses and workers. With TPA-2015 passed by Congress and signed into law, the United States will have the tools needed to build strong agreements that encourage new business opportunities and create jobs in our cities.