Aaron Fobes, Julia Lawless (202) 224-4515
TPA Advances Trade Interests of American Small Businesses
Trade Promotion Authority Sets High Objectives to Assist Main Street
Small businesses are the backbone of our economy. According to the International Trade Administration (ITA), 98 percent of all American goods exports are from small to medium-sized businesses.
That’s why Trade Promotion Authority (TPA) 2015 has an entire section devoted to ensuring the administration facilitates participation from the small business community in the trade negotiation process. In fact, TPA requires that the administration see that the interests of small business are considered in any trade agreement.
There’s over 300,000 reason why.
That’s the number of small and medium-sized businesses from all 50 states that are looking to expand their exports across the globe through trade – an economic opportunity to grow and hire more American workers here at home.
But in order to close high-standard trade agreements that will open markets for U.S. exports, Congress must first pass TPA. In doing so, it will not only break down barriers for American goods to be sold across the world, but also ensure any trade agreement helps serve the best interests of small businesses across America.
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