Statement Regarding House's Passage of Trade Promotion Authority Legislation
Statement by Joel G. Newman,
President and CEO,
American Feed Industry Association,
Regarding House’s Passage of
Trade Promotion Authority Legislation
June 12, 2015
“The American Feed Industry Association is encouraged the House approved Trade Promotion Authority today. We strongly urge the House to reconsider the Trade Adjustment Assistance as soon as possible so that the trade package, including TPA, can be sent to the president to sign the legislation. TPA allows Congress to review and approve or disapprove trade agreements, but only with an up-or-down vote.
“TPA’s passage by Congress, although it has been a struggle, is immensely beneficial to the U.S. feed industry’s growth, and is a step in the right direction toward solidifying ongoing, as well as future, trade negotiations. We have said throughout this process, without fast track authority, finalizing agreements such as the Trans-Pacific Partnership and the TransAtlantic Trade and Investment Partnership would be near impossible, as our trading partners would lack confidence in U.S. trade negotiators and their ability to be held to the terms of any negotiated agreement. With TPA in place, the U.S. will be able to send a clear message to our trading partners ‘negotiators have unambiguous authority to negotiate these agreements.’ AFIA looks forward to incredible growth potential for the U.S. feed industry as a result.
“AFIA celebrates this win for the industry and encourages reconsideration of and a ‘yes’ vote on TAA next week.”