Statement by the President on Senate Passage of Trade Promotion Authority and Trade Adjustment Assistance
Today’s bipartisan Senate vote is an important step toward ensuring the United States can negotiate and enforce strong, high-standards trade agreements. If done right, these agreements are vital to expanding opportunities for the middle class, leveling the playing field for American workers, and establishing rules for the global economy that help our businesses grow and hire by selling goods Made in America to the rest of the world. This Trade Promotion Authority (TPA) legislation includes strong standards that will advance workers’ rights, protect the environment, promote a free and open Internet, and it supports new robust measures to address unfair currency practices. The legislation also includes an important extension of Trade Adjustment Assistance (TAA) to help all American workers participate in the global economy.
I want to thank Senators of both parties for sticking up for American workers by supporting smart trade and strong enforcement, and I encourage the House of Representatives to follow suit by passing TPA and TAA as soon as possible.