Trade Promotion Authority
Trade Promotion Authority (TPA) is a legislative procedure in the United States that allows the President to negotiate international trade agreements with a streamlined process. Under TPA, Congress agrees to consider trade deals without making amendments, ensuring a quicker approval process. This authority is crucial for the U.S. to engage effectively in global trade negotiations.
TPA is designed to enhance the ability of the U.S. to secure favorable trade agreements, which can lead to increased exports and economic growth. It requires the President to consult with Congress during negotiations, ensuring that lawmakers have input while maintaining efficiency in the approval process.