President Trump will retain special leverage to push trade through Congress, following the extension of the Trade Promotion Authority law for three more years. The once-highly controversial trade negotiating power, also known as “Fast Track,” was automatically renewed Sunday without any objection from Congress.
“The President is pleased that Congress has extended Trade Promotion Authority (TPA) for three more years, which he requested as part of his Trade Agenda. Extension of TPA is critical to negotiating accountable, enforceable and reciprocal trade deals that will benefit American workers, farmers and ranchers. The Trump Administration is pursuing a number of potential bilateral free trade agreements, and TPA extension means we may continue to aggressively pursue these opportunities,” U.S. Trade Representative Robert Lighthizer said Monday.
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