WASHINGTON, D.C. – Congressman Trent Franks released the following statement following House passage of Trade Promotion Authority (219-211):
“Executive power has spiraled out of control and needs to be reined in when it comes to international trade. Trade Promotion Authority strengthens the priorities and the role of Congress, providing for a 60 day congressional review period on any negotiated trade agreement and a strict set of parameters on the Executive branch for protecting American trade. TPA also includes 150 Congressionally mandated objectives which will guide trade agreement negotiations. Its passage will give the President the authority needed to finalize trade agreements while ensuring Congress maintains control, oversight, and transparency of the process.
“Trade Promotion Authority (TPA) positions the United States to negotiate new trade agreements, open foreign markets, spur economic growth, and create jobs. These are the answers Americans, specifically Arizonans, have been asking for! American will set international trade policy instead of China.
“Business growth and expansion in Arizona are heavily dependent upon the ability to sell American goods and services outside the U.S. Trade supports nearly 750,000 jobs in Arizona with exports of merchandise in 2013 reaching over $19 billion. Arizona small businesses, more than 6,000 of which are exporters, rely heavily on free trade. Leveling the global playing field for Arizonans through trade agreements is a policy I strongly support.
“Americans are taxed enough already. Why should entrepreneurship and profitable trade be taxed in the form of tariffs as well? TPA will help decrease the size and scope of government in the realm of international commerce. The passage of TPA is a victory for Arizonans and for the American dream itself.”