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White House Releases 2015 Trade Policy Agenda

Monday, March 9, 2015

(North American Meat Institute)

President Obama last week delivered to Congress his administration's 2015 Trade Policy Agenda and 2014 Annual Report . The report notes that 2015 will be a historic year for trade, stating that the U.S. will conclude negotiations with Trans Pacific Partnership (TPP) countries and will continue to work with the European Union toward finalizing the Transatlantic Trade and Investment Partnership (T-TIP). The report also calls on Congress to approve Trade Promotion Authority (TPA), which is necessary to finalize and adopt these ongoing trade agreements.

Meanwhile, the U.S. Chamber of Commerce published an article that underscores the historic support from congressional leaders and the president to pass TPA and finalize TPP and T-TIP. U.S. Chamber of Commerce President and CEO Thomas Donohue also penned an article , in which he called for TPA passage to realize the economic benefits to TPP and T-TIP, including the creation of hundreds of thousands of new jobs, and the potential to boost exports by more than $100 billion annually. Donohue noted that TPA would strengthen the power of U.S. negotiators, and it would elevate the role of Congress in the process.

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