NRF calls passage of TPA a ‘landmark step’
Washington, D.C. -- The National Retail Federation praised the Senate’s passage on Wednesday of Trade Promotion Authority
“This is a landmark step toward tearing down trade barriers that stand in the way of a truly free and open global economy,” said president and CEO Matthew Shay. “TPA will help complete trade agreements that will open new markets for U.S. companies and help retailers provide American families with the products they need at prices they can afford. This will ultimately mean more jobs for American workers and lower prices for American consumers.”
The NRF said TPA is essential to completion of two pending free trade agreements that would benefit retailers and other industries, the Trans-Pacific Partnership and the Trans-Atlantic Trade and Investment Partnership.