05.22.15

Peters Statement on Senate Passage of Trade Promotion Authority Legislation

WASHINGTON, DC?– U.S. Senator Gary Peters (MI) today released the following statement on the final passage of fast track trade promotion authority legislation in the U.S. Senate: 

“Congress must do more to bring balance to our trade agreements and make sure American businesses and workers are getting a fair deal. I am extremely disappointed that this fast track authority does not contain strong enforcement measures that will crack down on currency manipulation or unfair trade and labor practices. We need trade policies that create a level playing field so that American workers and companies can compete globally. I cannot support this legislation when it fails to enforce provisions that would protect American workers.

“I am concerned that this trade promotion authority would severely limit Congress’ input on trade agreements, including the Trans-Pacific Partnership, which fails to adequately address currency manipulation, includes Japan before they substantially open their market to American automakers and paves the way for the inclusion of new member countries like China without thorough Congressional oversight or approval.

“Our focus should be on passing trade legislation that boosts American exports, helps American companies compete overseas and creates good-paying jobs here in the United States. The fast track authority legislation falls far short of these goals.”

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