New “fast track,” or trade promotion, authority (TPA), legislation to implement trade agreements is at issue in the 107th Congress. Such authority would enable the Administration to submit negotiated foreign trade agreements to Congress for consideration under expedited procedures. Many agricultural and food industry interests are among the export-oriented enterprises that support TPA, arguing that foreign trading partners will not seriously negotiate with an Administration that lacks it. However, some farm groups argue that fast track ultimately will lead to new agreements that could have adverse effects on U.S. producers, at least in some commodity sectors.
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Description
New “fast track,” or trade promotion, authority (TPA), legislation to implement trade agreements is at issue in the 107th Congress. Such authority would enable the Administration to submit negotiated foreign trade agreements to Congress for consideration under expedited procedures. Many agricultural and food industry interests are among the export-oriented enterprises that support TPA, arguing that foreign trading partners will not seriously negotiate with an Administration that lacks it. However, some farm groups argue that fast track ultimately will lead to new agreements that could have adverse effects on U.S. producers, at least in some commodity sectors.
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Congressional Research Service Reports
The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.
Becker, Geoffrey S. & Hanrahan, Charles E.Agriculture and Fast Track or Trade Promotion Authority,
report,
June 4, 2002;
Washington D.C..
(https://digital.library.unt.edu/ark:/67531/metacrs2262/:
accessed October 15, 2024),
University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu;
crediting UNT Libraries Government Documents Department.
